Silicon Ally

Analysis

Silicon Ally is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Silicon Ally reported income of $61k and spending of $135k, spending 222% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $205k to $61k (-70%), an average of -70% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Silicon Ally sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within CO. Charities of a similar size with the same main cause include Hillcrest Historic Foundation ($61k), Art Guild of the Delta ($61k) and Friends of Mimosa Hall & Gardens Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $7,540 against liabilities of $0, net assets of $7,540.