Slvrec Energy Foundation Inc

Analysis

Slvrec Energy Foundation Inc is a registered charity in United States, based in Monte Vista, CO. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Slvrec Energy Foundation Inc reported income of $67k and spending of $58k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $67k (+1.7%), an average of +1.7% a year. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Slvrec Energy Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within CO. Charities of a similar size with the same main cause include Friends of the Albany County Public Library ($67k), Salida Rotary Charitable Fund Inc ($67k) and Detroit Wine Organization ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.