Mathematical Association of America Incorporated

Analysis

Mathematical Association of America Incorporated is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1972, 54 years ago. 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 2022, Mathematical Association of America Incorporated reported income of $9.0m and spending of $9.9m, spending 110% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $11.4m to $9.0m (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2021, when income rose by 181%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mathematical Association of America Incorporated sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 86th percentile within DC. Charities of a similar size with the same main cause include Mary Lanning Hospital Trust ($9.0m), Abbey Foundation of Oregon ($9.0m) and Habitat for Humanity International Inc ($9.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 48% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $676k (6.9% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $34.1m against liabilities of $11.8m, net assets of $22.3m. It reported 40 employees.