Maxmath Tutoring Online Inc DC Branch

Analysis

Maxmath Tutoring Online Inc DC Branch is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 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 Inc DC Branch reported income of $74k and spending of $67k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $89k to $74k (-17%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. 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 Inc DC Branch sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 14th percentile within DC. Charities of a similar size with the same main cause include Wilson High School Alumni Association Incorporated ($74k), Clifton Education Foundation ($74k) and Boerne Samuel V Champion High School Band Boosters ($74k).

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 $74k against liabilities of $67k, net assets of $6,657.