National Math Foundation Inc

Analysis

National Math Foundation Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, National Math Foundation Inc reported income of $132k and spending of $95k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $132k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 50% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, National Math Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Glenn O Hawbaker Charity Account Inc ($132k), Barnum Foundation for Life Inc ($132k) and Rural Philanthropy Institute ($132k).

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 $117k against liabilities of $0, net assets of $117k.