Salva

Analysis

Salva is a registered charity in United States, based in Palmdale, CA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Salva reported income of $1.5m and spending of $1.0m, leaving 30% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $515k to $1.5m (+188%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 253%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Salva sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Rockwest Training Company ($1.5m), Village Capital Corporation ($1.5m) and Bricker-Price Block Restoration Corporation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $72k (6.9% of expenses). Other salaries and wages came to $457k. At year end it held assets of $525k against liabilities of $51k, net assets of $474k. It reported 21 employees.