Opportunity Now Silicon Valley

Analysis

Opportunity Now Silicon Valley is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in May 2019, 7 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 December 2023, Opportunity Now Silicon Valley reported income of $55k and spending of $63k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $25 to $55k (+219900%), an average of +219900% a year. The sharpest change came in the year to December 2023, when income rose by 219900%. Over the whole period it spent 191% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Opportunity Now Silicon Valley sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Big City Parents Organization Inc ($55k), L R Green Educational Foundation ($55k) and Taft Charter High School PTO ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.