Silver Sobriety Inc

Analysis

Silver Sobriety Inc is a registered charity in United States, based in Lake Elmo, MN. It received its IRS tax-exemption ruling in May 2015, 11 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, Silver Sobriety Inc reported income of $106k and spending of $110k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $114k to $106k (-7.4%), an average of -7.4% a year. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Silver Sobriety Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within MN. Charities of a similar size with the same main cause include Orange County Makapo Aquaticsproject ($106k), The Ascension Fund Inc ($106k) and Arc Alliance Foundation ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $271k against liabilities of $751, net assets of $270k.