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Silver Key Senior Services Foundation Inc

RegisteredEIN 84-1401179Colorado SPGS, COPoverty relief
Income$219k2023-06
Spending$330ksame year
Spent / received86%5-year average
Size in its cause50th pctPoverty relief
Exempt since1997Supporting organisation
Employees0latest return

Analysis

Silver Key Senior Services Foundation Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Silver Key Senior Services Foundation Inc reported income of $219k and spending of $330k, spending 151% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $603k to $219k (-64%), an average of -22% a year. The sharpest change came in the year to June 2020, when income dropped by 110%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Silver Key Senior Services Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include Al Medina Mercy Ny Inc ($219k), Clark James Foundation Inc ($219k) and Tipton County Council on Aging ($219k).

At year end it held assets of $7.2m against liabilities of $81k, net assets of $7.1m.

Income and spending

$0$259k$517k$776k$1.0m2019 Income: $602,7552019 Spending: $371,69620192020 Income: -$58,3852020 Spending: $361,68620202021 Income: $1,034,5322021 Spending: $356,33320212022 Income: $241,8742022 Spending: $336,60120222023 Income: $219,1592023 Spending: $330,4112023
IncomeSpending

Where the income comes from

  • Other 100%

Similar-sized charities, same cause

CharityLocationIncome
Al Medina Mercy Ny IncFlushing$219k
Clark James Foundation IncWilmington$219k
Tipton County Council on AgingTipton$219k
Raleigh City FarmRaleigh$219k