Silver Sage Foundation

Analysis

Silver Sage Foundation is a registered charity in United States, based in Henderson, NV. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Silver Sage Foundation reported income of $134k and spending of $156k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $30k to $134k (+349%), an average of +46% a year. The sharpest change came in the year to December 2020, when income rose by 162%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Silver Sage Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within NV. Charities of a similar size with the same main cause include Hackers Conference Inc ($134k), Slate Valley Museum Foundation ($134k) and German Christmas Market of Oconomowoc ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $79k (50% of expenses). At year end it held assets of $10k against liabilities of $922, net assets of $9,415. It reported 1 employees.