Silver Serenaders of Texas Inc

Analysis

Silver Serenaders of Texas Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 May 2024, Silver Serenaders of Texas Inc reported income of $77k and spending of $80k, spending 104% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $81k to $77k (-5.1%), an average of -5.1% a year. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Silver Serenaders of Texas Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Florida Elementary Music Educators Association Inc ($77k), Pansy and Pearl Charities ($77k) and Newstar Chinese School ($77k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 16% and program service revenue 14% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.