Brazil at Silicon Valley

Analysis

Brazil at Silicon Valley is a registered charity in United States, based in Covina, CA. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2024, Brazil at Silicon Valley reported income of $624k and spending of $399k, leaving 36% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $560k to $624k (+11%), an average of +2.2% a year. The sharpest change came in the year to June 2022, when income rose by 692%. Over the whole period it spent 88% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Brazil at Silicon Valley sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Water Charity ($623k), Tebaldi Fund ($624k) and World Resources Group Inc ($623k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $371k against liabilities of $0, net assets of $371k.