Maine Mathematics and Science Alliance

Analysis

Maine Mathematics and Science Alliance is a registered charity in United States, based in Augusta, ME. It received its IRS tax-exemption ruling in July 1992, 34 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, Maine Mathematics and Science Alliance reported income of $3.9m and spending of $4.6m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $3.9m (+63%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maine Mathematics and Science Alliance sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within ME. Charities of a similar size with the same main cause include Pioneer Technology & Arts Academy of Arizona ($3.9m), Library and Information Resources Network Inc ($3.9m) and Vision Home and Community ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $175k (3.8% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $1.7m against liabilities of $915k, net assets of $824k. It reported 47 employees.