Math Enrichment Summer Academy Inc

Analysis

Math Enrichment Summer Academy Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in July 2011, 15 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 December 2023, Math Enrichment Summer Academy Inc reported income of $798k and spending of $833k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $798k (-38%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 106% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Math Enrichment Summer Academy Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Community Athletic Soccer Academy ($795k), Asian Americans United ($798k) and Soul Shoppe Programs ($795k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $481k. At year end it held assets of $253k against liabilities of $150k, net assets of $103k. It reported 46 employees.