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Calculus Project Inc

RegisteredEIN 81-3431454Braintree, MAEducation and training
Income$720k2023-12
Spending$960ksame year
Spent / received95%3-year average
Size in its cause72nd pctEducation and training
Exempt since2017Publicly supported organisat
Employees70latest return

Analysis

Calculus Project Inc is a registered charity in United States, based in Braintree, MA. It received its IRS tax-exemption ruling in August 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, Calculus Project Inc reported income of $720k and spending of $960k, spending 133% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $457k to $720k (+58%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Calculus Project Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Pan Eros Foundation ($720k), National Microschooling Center ($720k) and Laborers Local 157 Training and Education Fund ($720k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $178k (19% of expenses). Other salaries and wages came to $440k. At year end it held assets of $875k against liabilities of $19k, net assets of $857k. It reported 70 employees.

Income and spending

$0$240k$480k$720k$960k2021 Income: $456,8942021 Spending: $290,71020212022 Income: $810,6532022 Spending: $628,88120222023 Income: $720,0202023 Spending: $960,0072023
IncomeSpending

Where the income comes from

  • Contributions & grants 74%
  • Program services 26%

Similar-sized charities, same cause

CharityLocationIncome
Pan Eros FoundationSeattle$720k
National Microschooling CenterLas Vegas$720k
Laborers Local 157 Training and Education FundSchenectady$720k
Southern Regional Technical College Foundation IncThomasville$720k