Selectiva Charities Inc

Analysis

Selectiva Charities Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 December 2023, Selectiva Charities Inc reported income of $632k and spending of $677k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $26k to $632k (+2284%), an average of +121% a year. The sharpest change came in the year to December 2020, when income rose by 963%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Selectiva Charities Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include North Kohala Community Resource Center ($631k), Workforce Training Associates ($632k) and National Assistance League ($631k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $128k against liabilities of $0, net assets of $128k.