Mathematical Staircase

Analysis

Mathematical Staircase is a registered charity in United States, based in Ardmore, PA. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Mathematical Staircase reported income of $547k and spending of $511k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $345k to $547k (+59%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 122%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mathematical Staircase sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Trinity School Endowment Corporation ($547k), Freedom Center for Independent Living ($547k) and Hampton University ($547k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $47k (9.2% of expenses). Other salaries and wages came to $23k. At year end it held assets of $244k against liabilities of $3,492, net assets of $240k. It reported 4 employees.