Silverado Policy Accelerator Inc

Analysis

Silverado Policy Accelerator Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Silverado Policy Accelerator Inc reported income of $2.4m and spending of $2.4m, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.0m to $2.4m (+141%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 177%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Silverado Policy Accelerator Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 69th percentile within DC. Charities of a similar size with the same main cause include Benedictine Senior Living Community of St Peter ($2.4m), Chicago Rowing Foundation ($2.4m) and Boy Scouts of America ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $506k (21% of expenses). Other salaries and wages came to $519k. At year end it held assets of $480k against liabilities of $0, net assets of $480k. It reported 12 employees.