Silver Lake Foundation

Analysis

Silver Lake Foundation is a registered charity in United States, based in Mammoth Lakes, CA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 December 2023, Silver Lake Foundation reported income of $73k and spending of $78k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $73k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Silver Lake Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Scotland Youth Development Act-So ($73k), Irving Art of Science ($73k) and Golf for Life NFP ($73k).

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