Second Harvest of the Greater Valley
Analysis
Second Harvest of the Greater Valley is a registered charity in United States, based in Manteca, CA. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2024, Second Harvest of the Greater Valley reported income of $52.4m and spending of $53.9m, spending 103% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $32.6m to $52.4m (+61%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 43%. Over the whole period it spent 98% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Second Harvest of the Greater Valley sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Jerusalem Foundation ($52.1m), Fiduciary Charitable Foundation ($52.4m) and United Way Worldwide ($51.6m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $92k (0.2% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $12.0m against liabilities of $747k, net assets of $11.3m. It reported 33 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 1.7%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Jerusalem Foundation | Israel | $52.1m |
| Fiduciary Charitable Foundation | Boston | $52.4m |
| United Way Worldwide | Alexandria | $51.6m |
| Vermont Community Foundation | Middlebury | $52.8m |