Math-M-Addicts New York Inc

Analysis

Math-M-Addicts New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2015, 11 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, Math-M-Addicts New York Inc reported income of $418k and spending of $340k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $248k to $418k (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Math-M-Addicts New York Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include World Builders Academy ($418k), Iccfa Educational Foundation ($418k) and Kings Mountain Touchdown Club ($418k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $110k (32% of expenses). Other salaries and wages came to $146k. At year end it held assets of $559k against liabilities of $144k, net assets of $415k. It reported 19 employees.