Silverton Foundation

Analysis

Silverton Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Silverton Foundation reported income of $281k and spending of $396k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $144k to $281k (+95%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 149%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Silverton Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within GA. Charities of a similar size with the same main cause include Chappaqua School Foundation Inc ($281k), American Friends of Chomat Shlomo ($281k) and Evangel Charity Foundation Inc ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $302k against liabilities of $0, net assets of $302k.