Silicon Valley Council of Nonprofits

Analysis

Silicon Valley Council of Nonprofits is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Silicon Valley Council of Nonprofits reported income of $1.3m and spending of $1.2m, spending 93% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $949k to $1.3m (+33%), an average of +5.8% a year. The sharpest change came in the year to June 2023, when income rose by 69%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Silicon Valley Council of Nonprofits sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include The Waldorf School of Dupage ($1.3m), The Brickyard ($1.3m) and Ridgeway Community School ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $281k (24% of expenses). Other salaries and wages came to $510k. At year end it held assets of $1.7m against liabilities of $60k, net assets of $1.7m. It reported 11 employees.