Maxmath Tutoring Online Inc Texas Branch

Analysis

Maxmath Tutoring Online Inc Texas Branch is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in June 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 Texas Branch reported income of $96k and spending of $75k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $84k to $96k (+14%), an average of +6.8% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 86% 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 Texas Branch sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Madison County Education Foundation Incorporated ($96k), Sola Scriptura College and Seminary ($96k) and PTA Ohio Congress ($96k).

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 $96k against liabilities of $75k, net assets of $20k.