Silicon Valley Gay Mens Chorus

Analysis

Silicon Valley Gay Mens Chorus is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in April 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, 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 June 2023, Silicon Valley Gay Mens Chorus reported income of $158k and spending of $165k, spending 105% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $124k to $158k (+28%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 107% 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 Valley Gay Mens Chorus sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Talkstem ($158k), Southside Jazz Coalition ($158k) and Twilight Theatre Inc ($158k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.