Maxmath Tutoring Online Puerto Rico Branch Inc

Analysis

Maxmath Tutoring Online Puerto Rico Branch Inc is a registered charity in United States, based in Fajardo, PR. It received its IRS tax-exemption ruling in July 2017, 9 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, Maxmath Tutoring Online Puerto Rico Branch Inc reported income of $98k and spending of $95k, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $74k to $98k (+31%), an average of +9.5% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maxmath Tutoring Online Puerto Rico Branch Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 25th percentile within PR. Charities of a similar size with the same main cause include Rotary Club of Hinsdale Foundation Inc ($98k), Olathe East Hawk Pride Band Boosters Inc ($98k) and Friends of the Madison Public Library ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $5,160. At year end it held assets of $98k against liabilities of $95k, net assets of $2,575.