Collegiate Academy for Mathematics and Personal Awareness

Analysis

Collegiate Academy for Mathematics and Personal Awareness is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Collegiate Academy for Mathematics and Personal Awareness reported income of $2.9m and spending of $3.2m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.9m (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2022, when income rose by 64%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Collegiate Academy for Mathematics and Personal Awareness sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Longview Christian School Inc ($2.8m), Construction Education Trust ($2.9m) and Heronfield Academy ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $274k (8.4% of expenses). Other salaries and wages came to $933k. At year end it held assets of $469k against liabilities of $511k, net assets of -$41k. It reported 28 employees.