Classic Math School

Analysis

Classic Math School is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Classic Math School reported income of $74k and spending of $136k, spending 184% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $398k to $74k (-81%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Classic Math School sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Student Success Stores ($74k), Sayreville Ues PTO Inc ($74k) and Austintown Mat Boosters ($74k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.8m against liabilities of $72k, net assets of $1.7m.