Silverlining Inc

Analysis

Silverlining Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 December 2023, Silverlining Inc reported income of $3.7m and spending of $3.5m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $431k to $3.7m (+753%), an average of +71% a year. The sharpest change came in the year to December 2020, when income rose by 420%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Silverlining Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 76th percentile within DC. Charities of a similar size with the same main cause include Zohar Charity and Educational Fund Inc ($3.7m), A Noise Within ($3.7m) and Henry Ford Estate ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $600k (17% of expenses). Other salaries and wages came to $563k. At year end it held assets of $1.6m against liabilities of $1.2m, net assets of $378k. It reported 5 employees.