Silliman Institute Inc

Analysis

Silliman Institute Inc is a registered charity in United States, based in Clinton, LA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Silliman Institute Inc reported income of $4.3m and spending of $3.8m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $4.3m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Silliman Institute Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within LA. Charities of a similar size with the same main cause include Providence Academy ($4.3m), Bernard M Baruch College Association Inc ($4.3m) and One Schoolhouse Inc ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $4.4m against liabilities of $263k, net assets of $4.2m. It reported 105 employees.