Silver State Housing

Analysis

Silver State Housing is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 State Housing reported income of $1.6m and spending of $1.5m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.6m (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2023, when income rose by 1016%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Silver State Housing sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NV. Charities of a similar size with the same main cause include Mission French Africa Ministries ($1.6m), Jaya Hanuman Temple and Cultural Center ($1.6m) and Institute of Catholic Culture ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 9.3% of the total. Compensation of current officers, directors and key employees was $79k (5.3% of expenses). At year end it held assets of $2.2m against liabilities of $473k, net assets of $1.8m. It reported 1 employees.