Cambridge Math Circle Inc

Analysis

Cambridge Math Circle Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cambridge Math Circle Inc reported income of $393k and spending of $295k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $138k to $393k (+184%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cambridge Math Circle Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Arbutus Folk School ($393k), St Aloysius Gonzaga Charities Inc ($393k) and Jaguar Pride Association Inc ($393k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $98k (33% of expenses). Other salaries and wages came to $34k. At year end it held assets of $179k against liabilities of $0, net assets of $179k. It reported 1 employees.