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Destination Home SV co Silicon Valley Community Foundation

San Jose, CA · EIN 82-3353174 · 501(c)(3) · Supporting organization, Type I
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Destination Home SV co Silicon Valley Community Foundation reported $31.6 million in revenue and $25.9 million in expenses for calendar year 2024. Of every $100 it spent, $96.69 went to program services, $2.39 to management and general costs and $0.92 to fundraising. Its largest source of revenue was contributions and grants: 92.1% of the total. Government grants made up 14.6%. The highest compensation it reported for one person was $1,268,486 (Director/CEO of SVCF). 9 people received more than $100,000 in reportable compensation. Revenue rose 71% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $26M

For context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $32M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 933 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
96.7%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
2.4%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.9%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
92.1%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
14.6%1.0%
Program service revenue share
Part VIII 2g ÷ 12
0.2%66.2%
Highest reported compensation
Part VII-A, columns D–F
$1,268,486$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
4.90%1.57%
People paid over $100,000
Part VII, line 2
95
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
39.310.0
Independent voting board members
Part VI 1a–1b
14 of 16100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$13M expenses · 52.5% of program spending · grants $9.2M

Human services: programs and services that provide direct benefits to clients who are homeless or at-risk of homelessness

$11M expenses · 44.4% of program spending · grants $7.8M · revenue $39,684

Housing and transportation: activities that increase the production and supply of deeply affordable and supportive housing

$788K expenses · 3.2% of program spending · grants $555K · revenue $29,701

General nonprofit support: Meeting basic needs for households at risk of or experiencing homelessness

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Director/CEO of SVCF
Director/trustee, 0.5 hrs/week
$0$1,177,663$90,823$1,268,486
President/Chief Executive Officer
Director/trustee, officer, 40.0 hrs/week
$472,943$0$71,925$544,868
Chief Operating Officer
Key employee, 40.0 hrs/week
$319,380$0$47,634$367,014
Chief Financial Officer
Officer, 0.5 hrs/week
$0$322,125$35,858$357,983
Chief Program Officer
Key employee, 40.0 hrs/week
$267,595$0$71,925$339,520
Director, Policy and Communications
Highest compensated employee, 40.0 hrs/week
$233,604$0$32,356$265,960
Communications and Public Policy Officer
Highest compensated employee, 40.0 hrs/week
$155,571$0$42,037$197,608
Development Officer
Highest compensated employee, 40.0 hrs/week
$167,894$0$18,288$186,182

9 people received more than $100,000 in reportable compensation from Destination Home SV co Silicon Valley Community Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M201920202021202220232024$32M$26M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$32M$26M96.7%$85M$1,268,486
2023 ⓘ$29M$28M97.5%$78M$1,197,190
2022 ⓘ$29M$24M95.0%$76M$1,071,438
2021 ⓘ$46M$32M91.6%$71M$1,048,136
2020 ⓘ$63M$46M98.0%$57M$754,872
2019 ⓘ$18M$9.2M91.6%$40M$327,669

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b16 · 14 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 517
  • Volunteers Part I, line 615

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
HOMEBASE
Event planning services
$116,834

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

2 private foundations reported grants to Destination Home SV co Silicon Valley Community Foundation totaling $460K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Destination Home SV co Silicon Valley Community Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Destination Home SV co Silicon Valley Community Foundation, you can publish a response that is linked from this page.

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Questions people ask

How much of Destination Home SV co Silicon Valley Community Foundation's spending goes to programs?

In calendar year 2024, Destination Home SV co Silicon Valley Community Foundation reported that 96.7% of its $25.9 million in expenses went to program services, 2.4% to management and general and 0.9% to fundraising (Form 990, Part IX).

How much does Destination Home SV co Silicon Valley Community Foundation pay its top executive?

The largest total compensation Destination Home SV co Silicon Valley Community Foundation reported for one person in calendar year 2024 was $1,268,486, for the role of Director/CEO of SVCF (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Destination Home SV co Silicon Valley Community Foundation get its money?

Of $31.6 million in revenue in calendar year 2024, 92.1% came from contributions and grants (including 14.6% from government grants) and 0.2% from program service revenue (Form 990, Part VIII).

Is Destination Home SV co Silicon Valley Community Foundation a registered charity?

The IRS lists EIN 82-3353174 as a 501(c)(3) organization (supporting organization, type i), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202543119349304659 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403109349303175 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313179349311946 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213199349315506 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133149349303123 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023099349302612 · read the filing

All filings for EIN 82-3353174: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.