Silicon Valley Triathlon Club

Analysis

Silicon Valley Triathlon Club is a registered charity in United States, based in Cupertino, CA. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Silicon Valley Triathlon Club reported income of $154k and spending of $139k, spending 90% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $18k to $154k (+775%), an average of +54% a year. The sharpest change came in the year to December 2022, when income rose by 348%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Silicon Valley Triathlon Club sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Colorado Youth Football Invitational Inc ($154k), Auburn Suburban Baseball & Softball ($154k) and Tri-City Youth Ice Hockey Association ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 64% of the total. At year end it held assets of $88k against liabilities of $0, net assets of $88k.