Silicon Valley Harvest

Analysis

Silicon Valley Harvest is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in May 2007, 19 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, Silicon Valley Harvest reported income of $292k and spending of $138k, leaving 53% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $262k to $292k (+11%), an average of +3.7% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 56% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Silicon Valley Harvest sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Worklife Ministry Inc ($292k), Cultural Center of India Richmond Virginia ($292k) and Kingdom News Network NFP ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 1.6% of the total. At year end it held assets of $3.4m against liabilities of $3.1m, net assets of $305k.