Human Services
(P33Z)
IRS Verified
DX Registered
990 on File
SILVER SPRING NEIGHBORHOOD CENTER INC
Financial strength (30%)
86/100
Reliability (20%)
55/100
Effectiveness (25%)
100/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
Silver Spring Neighborhood Center (SSNC) is a nonprofit organization with a mission to build a safer, stronger neighborhood and community by helping individuals and families work towards self-sufficiency. SSNC has a proven track record of delivering high quality programming in the areas of education, employment, health & wellness and youth recreation all in one facility. Most importantly, SSNC has remained in the same location since its inception, offering a level of accessibility and stability that is rarely seen in low-income communities.
Financial Overview — FY 2023
$3.0M
Total Revenue
$3.1M
Total Expenses
$1.6M
Net Assets
79
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
78.4%
Fundraising Efficiency
N/A
Operating Reserve
6.18x
Liability-to-Asset
33.3%
Revenue Diversification
98.4%
Executive Compensation
$125K
Compared with Peers
FY 2023
Compared with 10,320 similar organizations
(United States, Human Services, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
78.4% | 85.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.7% | 11.4% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
7.9% | 0.4% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
6.2 mo | 8.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
33.3% | 14.7% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.4% | 93.3% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
8.3% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
15.1% | 10.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-5.0% | 2.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $3.0M | $3.1M | $1.6M | 78.4% | 79 |
| 2022 | $2.8M | $2.7M | $1.8M | 81.6% | 85 |
| 2021 | $2.8M | $2.7M | N/A | — | 105 |
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