Silicon Couloir

Analysis

Silicon Couloir is a registered charity in United States, based in Jackson, WY. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, 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 December 2023, Silicon Couloir reported income of $803k and spending of $761k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $286k to $803k (+181%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 99%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Silicon Couloir sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within WY. Charities of a similar size with the same main cause include Singing River Trail ($803k), West Side Citizens Organization ($803k) and Hometown Organizing Project ($802k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $123k (16% of expenses). Other salaries and wages came to $194k. At year end it held assets of $623k against liabilities of $6,943, net assets of $616k. It reported 5 employees.