Silohe Evangelical Church Inc

Analysis

Silohe Evangelical Church Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1971, 55 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Silohe Evangelical Church Inc reported income of $89k and spending of $72k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $76k to $89k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2021, when income dropped by 19%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Silohe Evangelical Church Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Serving Our Community with Kindness in Springwood Inc ($89k), Los Angeles County Science and Engineering Fair ($89k) and Papermill Food Hub Inc ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $26k. At year end it held assets of $320k against liabilities of $0, net assets of $320k.