Institute for Figuring

Analysis

Institute for Figuring is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 2003, 23 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, Institute for Figuring reported income of $106k and spending of $154k, spending 145% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $144k to $106k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Figuring sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Shadle Park High School Boosterclub ($106k), Chelmsford High School All Sports Boosters Club Inc ($106k) and First Christian Church Preprimary School ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $29k against liabilities of $2,960, net assets of $26k.