Informed Parents of Silicon Valley

Analysis

Informed Parents of Silicon Valley is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in September 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Informed Parents of Silicon Valley reported income of $51k and spending of $47k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $42k to $51k (+20%), an average of +9.7% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Informed Parents of Silicon Valley sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within CA. Charities of a similar size with the same main cause include Millennium Kids Parents Association ($51k), Brimfield Elementary School Parent Teacher Organization ($51k) and Lake Shore Foundation for Educational Excellence ($51k).

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 $3,682 against liabilities of $0, net assets of $3,682.