Siffrin Inc

Analysis

Siffrin Inc is a registered charity in United States, based in Massillon, OH. It received its IRS tax-exemption ruling in September 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Siffrin Inc reported income of $9.3m and spending of $10.5m, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $11.0m to $9.3m (-16%), an average of -5.5% a year. The sharpest change came in the year to June 2022, when income dropped by 31%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Siffrin Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Keystone Hospice ($9.3m), Society of St Vincent de Paul South West Idaho District Council Inc ($9.3m) and Corona-Norco Family Young Mens Christian Association ($9.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $287k (2.7% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $8.7m against liabilities of $3.1m, net assets of $5.7m. It reported 339 employees.