Law Foundation of Silicon Valley

Analysis

Law Foundation of Silicon Valley is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in November 1982, 44 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 2023, Law Foundation of Silicon Valley reported income of $13.6m and spending of $13.9m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.4m to $13.6m (+19%), an average of +4.5% a year. Over the whole period it spent 96% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Law Foundation of Silicon Valley sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Baker County Corrections Management Corporation ($13.5m), Bridges to Change Inc ($13.6m) and Thomas More Society ($13.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $310k (2.2% of expenses). Other salaries and wages came to $8.8m. At year end it held assets of $17.1m against liabilities of $8.4m, net assets of $8.7m. It reported 121 employees.