Martis Valley Education Foundation

Analysis

Martis Valley Education Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 2016, 10 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, Martis Valley Education Foundation reported income of $105k and spending of $976k, spending 929% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $105k (-94%), an average of -51% a year. The sharpest change came in the year to December 2021, when income rose by 135%. Over the whole period it spent 173% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Martis Valley Education Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Valley Performing Arts Center ($105k), Our Moms Care Inc ($105k) and Maphairian Inc ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $16.4m against liabilities of $3.0m, net assets of $13.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.