Israel Venture Network

Analysis

Israel Venture Network is a registered charity in United States, based in Menlo Park, CA. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Israel Venture Network reported income of $527k and spending of $538k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $341k to $527k (+54%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 776%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Israel Venture Network sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Richard Allen Improvement and Development Organization ($527k), Reach for Excellence Inc ($527k) and San Miguel-Casa Inc ($527k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $122k against liabilities of $109k, net assets of $13k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.