Pro Bono Project Silicon Valley

Analysis

Pro Bono Project Silicon Valley is a registered charity in United States, based in Campbell, CA. It received its IRS tax-exemption ruling in November 1991, 35 years ago. 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, Pro Bono Project Silicon Valley reported income of $1.5m and spending of $1.5m, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $851k to $1.5m (+76%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pro Bono Project Silicon Valley sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Ignite Volleyball Club and Foundation Inc ($1.5m), The Opportunity Center Inc ($1.5m) and Simsbury Volunteer Ambulance Association Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $193k (13% of expenses). Other salaries and wages came to $809k. At year end it held assets of $662k against liabilities of $169k, net assets of $493k. It reported 14 employees.