Silver Lining Legacy

Analysis

Silver Lining Legacy is a registered charity in United States, based in Inglewood, CA. It received its IRS tax-exemption ruling in April 2012, 14 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 December 2022, Silver Lining Legacy reported income of $298k and spending of $365k, spending 123% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $358k to $298k (-17%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Silver Lining Legacy sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Arendtsville Community Fire Company Inc ($298k), West Bay Community Charitable Foundation Inc ($298k) and Montgomery Food Pantry Inc ($298k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $67k against liabilities of $4,334, net assets of $63k. It reported 3 employees.