Math Masters of Minnesota

Analysis

Math Masters of Minnesota is a registered charity in United States, based in North Mankato, MN. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Math Masters of Minnesota reported income of $151k and spending of $145k, spending 96% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $136k to $151k (+11%), an average of +11% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Math Masters of Minnesota 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 47th percentile, and in the 45th percentile within MN. Charities of a similar size with the same main cause include Armed Forces Service Center Inc ($151k), Ars Inc ($151k) and Dairyland Outdoor Veterans Retreat Corp ($151k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 8.4% and program service revenue 92% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.