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Community Math Academy Inc

RegisteredEIN 27-4774680Shelby, NCEducation and training
Income$130k2023-12
Spending$153ksame year
Spent / received115%3-year average
Size in its cause46th pctEducation and training
Exempt since2011Publicly supported organisat
Employees–latest return

Analysis

Community Math Academy Inc is a registered charity in United States, based in Shelby, NC. It received its IRS tax-exemption ruling in December 2011, 15 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 December 2023, Community Math Academy Inc reported income of $130k and spending of $153k, spending 117% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $120k to $130k (+8.5%), an average of +4.1% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Math Academy Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NC. Charities of a similar size with the same main cause include Home Study Solutions Com Inc ($130k), Bonita Vista Vocal Music Foundation ($130k) and California State Society of Opticians ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.

Income and spending

$0$38k$76k$115k$153k2021 Income: $120,2142021 Spending: $95,76820212022 Income: $82,0632022 Spending: $132,48720222023 Income: $130,3922023 Spending: $152,9402023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Home Study Solutions Com IncSt Petersburg$130k
Bonita Vista Vocal Music FoundationChula Vista$130k
California State Society of OpticiansPort Hueneme$130k
Rutgers Network of Affiliated Family Medicine Residencies IncNew Brunswick$130k