Boys & Girls Clubs of Silicon Valley

Analysis

Boys & Girls Clubs of Silicon Valley is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in October 1950, 76 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Boys & Girls Clubs of Silicon Valley reported income of $12.7m and spending of $10.5m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $12.7m (+196%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 93%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys & Girls Clubs of Silicon Valley sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Childrens Legacy Center ($12.7m), Boys and Girls Club of the Northern Indiana Corridor Inc ($12.7m) and Boys & Girls Clubs of Sarasota and Desoto Counties Inc ($12.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $1.1m (11% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $8.4m against liabilities of $2.5m, net assets of $5.9m. It reported 354 employees.