Math Kangaroo in USA NFP

Analysis

Math Kangaroo in USA NFP is a registered charity in United States, based in Granger, IN. It received its IRS tax-exemption ruling in March 2004, 22 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 June 2023, Math Kangaroo in USA NFP reported income of $1.4m and spending of $1.0m, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $798k to $1.4m (+80%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 32%. 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, Math Kangaroo in USA NFP sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within IN. Charities of a similar size with the same main cause include 8001 Torresdale Corporation ($1.4m), Bushnell Foundation ($1.4m) and Community Education Commission ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $223k (22% of expenses). Other salaries and wages came to $35k. At year end it held assets of $1.5m against liabilities of $4,431, net assets of $1.5m. It reported 7 employees.