Silsbee Pines Event Center

Analysis

Silsbee Pines Event Center is a registered charity in United States, based in Silsbee, TX. It received its IRS tax-exemption ruling in May 1981, 45 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Silsbee Pines Event Center reported income of $154k and spending of $59k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $154k (+176%), an average of +176% a year. The sharpest change came in the year to December 2023, when income rose by 176%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Silsbee Pines Event Center sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Historic Schaefferstown Inc ($154k), Association of University Cardiologists Inc ($154k) and Coast Guard Tactical Law Enforcement Foundation Inc ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. Other salaries and wages came to $6,896. At year end it held assets of $293k against liabilities of $145k, net assets of $148k. It reported 2 employees.