Delaware Foundation for Science and Mathematics Education

Analysis

Delaware Foundation for Science and Mathematics Education is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover science and technology, 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, Delaware Foundation for Science and Mathematics Education reported income of $750k and spending of $704k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $281k to $750k (+167%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Delaware Foundation for Science and Mathematics Education sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 71st percentile within DE. Charities of a similar size with the same main cause include Rockland Center for the Arts Inc ($750k), Discovering Amistad ($750k) and Joy in Motion Inc ($750k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $72k. At year end it held assets of $123k against liabilities of $52k, net assets of $70k.