Siloam Center

Analysis

Siloam Center is a registered charity in United States, based in Temecula, CA. It received its IRS tax-exemption ruling in June 2019, 7 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, Siloam Center reported income of $688k and spending of $631k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $223k to $688k (+208%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 152%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Siloam Center sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Oberlin Early Childhood Center ($688k), Opendox Org Inc ($688k) and Hope for the Hurting ($688k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $113k (18% of expenses). Other salaries and wages came to $36k. At year end it held assets of $655k against liabilities of $0, net assets of $655k. It reported 3 employees.