Silver Valley Research Foundation
Analysis
Silver Valley Research Foundation is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Silver Valley Research Foundation reported income of $10.0m and spending of $10.0m, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $12.1m to $10.0m (-17%), an average of -9.1% a year. Over the whole period it spent 94% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Silver Valley Research Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within VA. Charities of a similar size with the same main cause include Friends of Ahavat Shalom Inc ($10.0m), Family Assistance Ministries ($10.0m) and Energy and Environmental Research Center Foundation ($9.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friends of Ahavat Shalom Inc | Monsey | $10.0m |
| Family Assistance Ministries | San Clemente | $10.0m |
| Energy and Environmental Research Center Foundation | Grand Forks | $9.9m |
| Moriah Foundation | Colorado SPGS | $10.0m |