Silicon Valley Gurdwara
Analysis
Silicon Valley Gurdwara is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Silicon Valley Gurdwara reported income of $603k and spending of $681k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $305k to $603k (+97%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 103%. Over the whole period it spent 88% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Silicon Valley Gurdwara sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Iqra Institute ($603k), Jacksonville Kachin Baptist Church Inc ($603k) and Texas Workforce Centers of the ($603k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $115k. At year end it held assets of $3.4m against liabilities of $2.3m, net assets of $1.1m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Iqra Institute | Norristown | $603k |
| Jacksonville Kachin Baptist Church Inc | Jacksonville | $603k |
| Texas Workforce Centers of the | Marble Falls | $603k |
| Sri Balaji Temple of Great Lakes | W Bloomfield | $603k |