The San Jose Arena Authority

Analysis

The San Jose Arena Authority is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in March 1993, 33 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 June 2023, The San Jose Arena Authority reported income of $355k and spending of $310k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $256k to $355k (+39%), an average of +8.6% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The San Jose Arena Authority sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Muncy Public Library ($355k), The Growing Concern Inc ($355k) and Habitat for Humanity International Inc ($355k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $218k (70% of expenses). Other salaries and wages came to $52k. At year end it held assets of $186k against liabilities of $32k, net assets of $154k. It reported 2 employees.