Little Italy San Jose Foundation

Analysis

Little Italy San Jose Foundation is a registered charity in United States, based in S San Fran, CA. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Little Italy San Jose Foundation reported income of $426k and spending of $115k, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $318k to $426k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2023, when income rose by 397%. Over the whole period it spent 41% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Little Italy San Jose Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include International Foundation for Autonomous Agents & Multiagent Sys ($426k), Lincoln Theatre Inc ($426k) and Rogers Little Theater ($426k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 6.5% of the total. Other salaries and wages came to $5,655. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 4 employees.