Advisory Board of Silver Cross

Analysis

Advisory Board of Silver Cross is a registered charity in United States, based in Joliet, IL. It received its IRS tax-exemption ruling in November 1963, 63 years ago. 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 March 2024, Advisory Board of Silver Cross reported income of $103k and spending of $55k, leaving 46% of income unspent that year. Across the 3 years on record, from March 2022 to March 2024, income grew from $64k to $103k (+61%), an average of +27% a year. The sharpest change came in the year to March 2023, when income rose by 47%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Advisory Board of Silver Cross sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within IL. Charities of a similar size with the same main cause include Advocates Building Lasting Equality in New Hampshire ($103k), Webb Fraternal Organization Inc ($103k) and Texas Outdoor Heroes ($103k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 6.9% and program service revenue 87% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.