Mathematics Foundation of America

Analysis

Mathematics Foundation of America is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 October 2023, Mathematics Foundation of America reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $817k to $1.3m (+58%), an average of +12% a year. The sharpest change came in the year to October 2021, when income rose by 55%. Over the whole period it spent 93% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mathematics Foundation of America sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within OR. Charities of a similar size with the same main cause include Rainier Athletes ($1.3m), Rain Basketball ($1.3m) and Girls Unite Inc ($1.3m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $112k (8.7% of expenses). Other salaries and wages came to $229k. At year end it held assets of $580k against liabilities of $28k, net assets of $552k. It reported 27 employees.