Jewish Silicon Valley

Analysis

Jewish Silicon Valley is a registered charity in United States, based in Los Gatos, CA. It received its IRS tax-exemption ruling in May 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Jewish Silicon Valley reported income of $10.2m and spending of $11.3m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.3m to $10.2m (+9.7%), an average of +2.3% a year. The sharpest change came in the year to June 2022, when income rose by 94%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Silicon Valley sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Community Workshop & Training Center Inc ($10.2m), Family Resources Inc ($10.2m) and Pathway Services Unlimited Inc ($10.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $301k (2.7% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $19.7m against liabilities of $2.6m, net assets of $17.1m. It reported 288 employees.