Silicon Valley Boychoir

Analysis

Silicon Valley Boychoir is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in November 2011, 15 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 2024, Silicon Valley Boychoir reported income of $105k and spending of $97k, spending 92% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $87k to $105k (+20%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 95% 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 Boychoir sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Potomac Playmakers ($105k), Kimage Inc ($105k) and The American Spanish Dance Theatre Inc ($105k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 70% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.