International Technological University Foundation
Public records raise at least one point you should look into before giving.
What it says it does
ITU PIONEERS A MODERN, INDUSTRYFOCUSED EDUCATIONAL MODEL TO DELIVER EDUCATION GLOBALLY.ITU'S EDUCATIONAL PEDAGOGY CULTIVATES INNOVATIVE THINKING, ETHICAL LEADERSHIP, AND AN NTREPRENEURIAL SPIRIT THROUGH PRACTICAL, INDUSTRY RELEVANT CURRICULUM THAT REFLECTS SILICON VALLEY'S CULTURE. ITU CLOSES THE EMPLOYMENT SKILLS GAP AND EMPOWERS PEOPLE TO LEAD SUCCESSFUL, ENRICHING LIVES AS MEANINGFUL CONTRIBUTORS TO THE GLOBAL COMMUNITY.
- Income
- $5.9 million
- Spending
- $2.7 million
- Spent on programs
- 69%
- Reserves
- 14 months of spending
- Largest source of income
- fees for its services, 97%
- Employees
- 28
- Volunteers
- 19
- Highest pay
- $146,000, cto
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 80 out of 100. Higher than 66% of charities in its peer group (education, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 14.0 months of spending.
Debt
10 of 20It owes 30% of what it owns.
Living within its means
15 of 15Income exceeded spending by 54% of income.
Income trend
5 of 15Income fell 11% on the year before.
Spending floor
15 of 1569% of spending went to programs.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 35 out of 100. Higher than 3% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $1.9 million spent. ITU PROVIDES GRADUATE DEGREE PROGRAMS AT THE MASTER'S LEVEL (MS) IN COMPUTER SCIENCE, SOFTWARE/COMPUTER ENGINEERING (SE/CE), ELECTRICAL ENGINEERING (EE), DIGITAL ARTS, DIGITAL MEDIA MANAGEMENT, INFORMATION & CYBER SECURITY, AND ENGINEERING MANAGEMENT. ITU ALSO OFFERS A MASTER'S OF BUSINESS ADMINISTRATION (MBA) WITH CONCENTRATIONS IN AREA OF BUSINESS ANALYTICS, HEALTHCARE MANAGEMENT, AND GENERAL MBA. THE UNIVERSITY OFFERS DOCTOR OF PHILOSOPHY PROGRAMS IN ELECTRICAL ENGINEERING AND IN INTERDISCIPLINARY SCIENCES. IN ADDITION, ITU OFFERS A DOCTORAL PROGRAM IN BUSINESS ADMINISTRATION.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1986.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Caution.
California's Attorney General lists its registration as delinquent as of December 31, 2000. Organizations on this list may not solicit donations in California.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.