The Math Learning Center

Analysis

The Math Learning Center is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in December 1976, 50 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, The Math Learning Center reported income of $40.5m and spending of $37.7m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $34.6m to $40.5m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Math Learning Center sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within OR. Charities of a similar size with the same main cause include Raymond F Kravis Center for the Performing Arts Inc ($40.5m), Close Up Foundation ($41.1m) and Liberty Science Center Inc ($40.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.1m (3.0% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $61.7m against liabilities of $2.7m, net assets of $59.0m. It reported 85 employees.