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Illustrative Mathematics

RegisteredEIN 46-3513958Oro Valley, AZEducation and training
Income$16.9m2023-12
Spending$18.3msame year
Spent / received89%6-year average
Size in its cause96th pctEducation and training
Exempt since2014Publicly supported organisat
Employees85latest return

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

$0$5.3m$10.6m$16.0m$21.3m2018 Income: $5,181,1432018 Spending: $4,612,78520182019 Income: $8,346,9292019 Spending: $9,092,92420192020 Income: $10,171,6722020 Spending: $9,489,25920202021 Income: $11,729,7802021 Spending: $9,884,33620212022 Income: $21,282,8522022 Spending: $14,020,39520222023 Income: $16,882,7102023 Spending: $18,275,8272023
IncomeSpending

Where the income comes from

  • Contributions & grants 3.0%
  • Program services 95%
  • Other 2.1%

Similar-sized charities, same cause

CharityLocationIncome
American Line BLDRS Apprenticeship Training Joint CommitteeMedway$16.9m
National Ben Gamla Charter Schoolfoundation IncMiami$16.9m
Celebrate the Children IncDenville$16.9m
Southern University System FoundationBaton Rouge$16.9m