Illinois Council of Teachers of Mathematics Inc

Analysis

Illinois Council of Teachers of Mathematics Inc is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in December 1967, 59 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, Illinois Council of Teachers of Mathematics Inc reported income of $210k and spending of $172k, spending 82% of its income. Across the 6 years on record, from September 2019 to December 2023, income grew from $198k to $210k (+6.1%), an average of +1.2% a year. The sharpest change came in the year to December 2020, when income rose by 116%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Illinois Council of Teachers of Mathematics Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include North Fremont Education Foundation Inc ($210k), Palau Foundation for World Evangelism ($210k) and Palmerton Area Library Association ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 64% of the total. At year end it held assets of $727k against liabilities of $0, net assets of $727k.