Jose Valdes Math Foundation

Analysis

Jose Valdes Math Foundation is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Jose Valdes Math Foundation reported income of $688k and spending of $719k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $526k to $688k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jose Valdes Math Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include School of Dreams Education Foundation ($688k), Freedom Preparatory Inc ($688k) and Eastern Ridge School ($687k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $170k (24% of expenses). Other salaries and wages came to $269k. It paid $1,813 in professional fundraising fees. At year end it held assets of $194k against liabilities of $9,452, net assets of $185k. It reported 60 employees.