Silicon Valley Jiaren Association

Analysis

Silicon Valley Jiaren Association is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Silicon Valley Jiaren Association reported income of $498k and spending of $529k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $250k to $498k (+99%), an average of +41% a year. The sharpest change came in the year to December 2022, when income rose by 89%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Silicon Valley Jiaren Association sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Alzheimers Community Care Foundation Inc ($498k), St Vincent de Paul Center of Bakersfield ($498k) and Warrior Wellness Program Inc ($498k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $112k (21% of expenses). Other salaries and wages came to $121k. At year end it held assets of $54k against liabilities of $27k, net assets of $28k. It reported 20 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.