Michigan Mathematics and Science Centers Network

Analysis

Michigan Mathematics and Science Centers Network is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Michigan Mathematics and Science Centers Network reported income of $462k and spending of $434k, spending 94% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $287k to $462k (+61%), an average of +61% a year. The sharpest change came in the year to September 2023, when income rose by 61%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Michigan Mathematics and Science Centers Network sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Lehigh Acres Community Services Inc ($462k), African American Trade Association Inc ($462k) and Stayton Community Food Bank ($462k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $60k (14% of expenses). At year end it held assets of $339k against liabilities of $99k, net assets of $240k.