Silver Valley Seniors Inc

Analysis

Silver Valley Seniors Inc is a registered charity in United States, based in Osburn, ID. It received its IRS tax-exemption ruling in July 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Valley Seniors Inc reported income of $413k and spending of $416k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $247k to $413k (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Silver Valley Seniors Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within ID. Charities of a similar size with the same main cause include Muslim Foster Care Association ($413k), Feed My Sheep - Temple ($413k) and Building Relationships Inc ($413k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 42% of the total. Other salaries and wages came to $174k. At year end it held assets of $686k against liabilities of $20k, net assets of $667k. It reported 16 employees.