Santa Clara Valley Watercolor Society

Analysis

Santa Clara Valley Watercolor Society is a registered charity in United States, based in Menlo Park, CA. It received its IRS tax-exemption ruling in August 2010, 16 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Santa Clara Valley Watercolor Society reported income of $52k and spending of $61k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $55k to $52k (-6.4%), an average of -6.4% a year. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Santa Clara Valley Watercolor Society sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Guataca Nights Foundation Inc ($52k), Foundation of the Flora of Virginia Project Inc ($52k) and Nouveau Chamber Ballet ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 63% of the total. At year end it held assets of $215k against liabilities of $0, net assets of $215k.