Silicon Valley Defense Working Group Co

Analysis

Silicon Valley Defense Working Group Co is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 2022, 4 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, Silicon Valley Defense Working Group Co reported income of $688k and spending of $1.4m, spending 199% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.0m to $688k (-34%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Silicon Valley Defense Working Group Co sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Midwest Nursing Research Society Inc ($688k), Launchcode 4811 Delmar Building Owner ($688k) and Freedom Preparatory Inc ($688k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $242k (18% of expenses). Other salaries and wages came to $235k. At year end it held assets of $615k against liabilities of $83k, net assets of $532k. It reported 3 employees.