Silicon Valley Chao Chow Community Center of San Jose

Analysis

Silicon Valley Chao Chow Community Center of San Jose is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in July 1995, 31 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 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 September 2023, Silicon Valley Chao Chow Community Center of San Jose reported income of $587k and spending of $324k, leaving 45% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $459k to $587k (+28%), an average of +6.4% a year. The sharpest change came in the year to September 2023, when income rose by 63%. Over the whole period it spent 61% 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 Chao Chow Community Center of San Jose sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Delaware Valley Arts Alliance Inc ($587k), Wilmette Theatre Education Project NFP ($587k) and Strand Ventures Inc ($587k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% and program service revenue 5.7% of the total. At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m.