North Carolina Council of Teachers of Mathematics

Analysis

North Carolina Council of Teachers of Mathematics is a registered charity in United States, based in Elkin, NC. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North Carolina Council of Teachers of Mathematics reported income of $189k and spending of $190k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $212k to $189k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2022, when income rose by 412%. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Carolina Council of Teachers of Mathematics sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include North Penn Coordinating Council Inc Group Return ($189k), National Institute on the Teaching of Psychology ($189k) and Center for Jewish Family Life Inc ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 78% of the total. At year end it held assets of $586k against liabilities of $0, net assets of $586k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.