Maxmath Tutoring Online Inc Indiana Branch

Analysis

Maxmath Tutoring Online Inc Indiana Branch is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 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 Indiana Branch reported income of $92k and spending of $86k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $92k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. 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, Maxmath Tutoring Online Inc Indiana Branch sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within IN. Charities of a similar size with the same main cause include German American School Association of Northern California ($92k), Cmacn Education and Research Foundation ($92k) and McKnight Parent Faculty Association ($92k).

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 $92k against liabilities of $86k, net assets of $5,217.