Silicon Valley De-Bug

Analysis

Silicon Valley De-Bug is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 De-Bug reported income of $4.2m and spending of $2.6m, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $4.2m (+172%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Silicon Valley De-Bug sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Fellowship Village ($4.2m), Seeds That Grow Inc ($4.2m) and Family Care Services Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $80k (3.1% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.1m against liabilities of $239k, net assets of $3.8m. It reported 34 employees.