San Jose News Bureau

Analysis

San Jose News Bureau is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, San Jose News Bureau reported income of $1.1m and spending of $1.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $379k to $1.1m (+178%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 72%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, San Jose News Bureau sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Oikos Institute for Social Impact ($1.1m), Marin Dance Theatre ($1.1m) and Star Educational Media Network Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $190k (18% of expenses). Other salaries and wages came to $389k. At year end it held assets of $900k against liabilities of $121k, net assets of $779k. It reported 15 employees.