School Science & Mathematics Association Inc

Analysis

School Science & Mathematics Association Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in April 1945, 81 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, School Science & Mathematics Association Inc reported income of $148k and spending of $152k, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $159k to $148k (-6.7%), an average of -1.7% a year. The sharpest change came in the year to June 2021, when income dropped by 29%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, School Science & Mathematics Association Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within SC. Charities of a similar size with the same main cause include Los Angeles Theatre Organ Society ($148k), Dancing Rabbit Music Association ($148k) and Flatiron Crossroads Inc ($148k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $51k (34% of expenses). At year end it held assets of $715k against liabilities of $0, net assets of $715k.