Chamber Music Silicon Valley

Analysis

Chamber Music Silicon Valley is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chamber Music Silicon Valley reported income of $111k and spending of $93k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $111k (+65%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chamber Music Silicon Valley sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Families in Need of Assistance Inc ($111k), Variety - the Childrens Charity of the National Capital Region Inc ($111k) and Mehr Organization Inc ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 3.0% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.