Silver & Black Give Back

Analysis

Silver & Black Give Back is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in July 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Silver & Black Give Back reported income of $2.0m and spending of $1.4m, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.0m (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2023, when income rose by 76%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Silver & Black Give Back sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Goodwill Industries of Metropolitan Chicago Inc ($2.0m), Safe Homes of Augusta Inc ($2.0m) and Foundation for the Challenged ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $9.5m against liabilities of $1.9m, net assets of $7.6m.