Illustrative Mathematics
Analysis
Illustrative Mathematics is a registered charity in United States, based in Oro Valley, AZ. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Illustrative Mathematics reported income of $16.9m and spending of $18.3m, spending 108% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $5.2m to $16.9m (+226%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 89% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Illustrative Mathematics sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within AZ. Charities of a similar size with the same main cause include American Line BLDRS Apprenticeship Training Joint Committee ($16.9m), National Ben Gamla Charter Schoolfoundation Inc ($16.9m) and Celebrate the Children Inc ($16.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $2.2m (12% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $12.7m against liabilities of $2.2m, net assets of $10.4m. It reported 85 employees.
Income and spending
Where the income comes from
- Contributions & grants 3.0%
- Program services 95%
- Other 2.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| American Line BLDRS Apprenticeship Training Joint Committee | Medway | $16.9m |
| National Ben Gamla Charter Schoolfoundation Inc | Miami | $16.9m |
| Celebrate the Children Inc | Denville | $16.9m |
| Southern University System Foundation | Baton Rouge | $16.9m |