Santa Clara Valley Quilt Association

Analysis

Santa Clara Valley Quilt Association is a registered charity in United States, based in Campbell, CA. It received its IRS tax-exemption ruling in June 1976, 50 years ago. 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 September 2024, Santa Clara Valley Quilt Association reported income of $51k and spending of $43k, spending 83% of its income. Across the 2 years on record, from September 2023 to September 2024, income grew from $49k to $51k (+4.9%), an average of +4.9% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Santa Clara Valley Quilt Association sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Minnesota Council for the Gifted and Talented ($51k), Master Singers Inc ($51k) and Bismarck Emergency Food Pantry Inc ($51k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 18% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.