Siena Springs

Analysis

Siena Springs is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Siena Springs reported income of $506k and spending of $513k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $575k to $506k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2020, when income dropped by 16%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Siena Springs sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Fields Corner Community Development Corporation ($506k), National Church Residences of ($506k) and A Place for You ($506k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. At year end it held assets of $686k against liabilities of $1.3m, net assets of -$631k.