Silicon Valley Sports Officials Association

Analysis

Silicon Valley Sports Officials Association is a registered charity in United States, based in Burlingame, CA. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Silicon Valley Sports Officials Association reported income of $692k and spending of $670k, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $357k to $692k (+94%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 156%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Silicon Valley Sports Officials Association sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Keren Otzar Hachaim Inc ($692k), Friends of Third Street School ($692k) and Supporters of School District No 1 Inc ($692k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.9% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $17k (2.5% of expenses). At year end it held assets of $83k against liabilities of $13k, net assets of $70k.