SV Home

Analysis

SV Home is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, SV Home reported income of $1.6m and spending of $1.7m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.6m (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 129%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, SV Home sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Coalition Homes Incorporated ($1.6m), McFarlan Kearsley Residence LLC ($1.6m) and Center for Changing Lives ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $214k (13% of expenses). Other salaries and wages came to $931k. At year end it held assets of $1.7m against liabilities of $118k, net assets of $1.6m. It reported 16 employees.