Silicon Valley Chinese School

Analysis

Silicon Valley Chinese School is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in August 1985, 41 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Silicon Valley Chinese School reported income of $159k and spending of $132k, spending 83% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $174k to $159k (-8.6%), an average of -8.6% a year. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Silicon Valley Chinese School sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Old Brick Playhouse Company ($159k), Oswego Heritage Council Inc ($159k) and Southern Nevada Home School Performing Arts Inc ($159k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $369k against liabilities of $126k, net assets of $243k.