South Bay Deutscher Schulverein

Analysis

South Bay Deutscher Schulverein is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in September 1966, 60 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, South Bay Deutscher Schulverein reported income of $232k and spending of $210k, spending 91% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $203k to $232k (+14%), an average of +3.3% a year. The sharpest change came in the year to August 2023, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Bay Deutscher Schulverein sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Distinguished Lecturer Series Foundation Inc ($232k), Spokane Area Childrens Chorus ($232k) and Boardman Community Baseball Inc ($232k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 22% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $13k (6.2% of expenses). Other salaries and wages came to $131k. At year end it held assets of $242k against liabilities of $0, net assets of $242k. It reported 51 employees.