Mathematical Optimization Society Inc

Analysis

Mathematical Optimization Society Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 1981, 45 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 2023, Mathematical Optimization Society Inc reported income of $116k and spending of $104k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $170k to $116k (-32%), an average of -9.1% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mathematical Optimization Society Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include St Johns Lutheran Home for Children ($116k), Little League Baseball Inc ($116k) and Mountain Roots Inc ($116k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 65% of the total. At year end it held assets of $990k against liabilities of $7,837, net assets of $982k.