Sunset Silverlake Charitable Foundation

Analysis

Sunset Silverlake Charitable Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 March 2024, Sunset Silverlake Charitable Foundation reported income of $154k and spending of $153k, spending 100% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $152k to $154k (+0.7%), an average of +0.2% a year. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sunset Silverlake Charitable Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Kiwanis Charities of Rockford Inc ($154k), Northern Tier Foundation ($154k) and Rethinknyc Inc ($153k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $46k (30% of expenses). At year end it held assets of $64k against liabilities of $0, net assets of $64k. It reported 2 employees.