Mathematics Education Collaborative
Analysis
Mathematics Education Collaborative is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in March 1999, 27 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 August 2024, Mathematics Education Collaborative reported income of $79k and spending of $167k, spending 212% of what it took in. Across the 5 years on record, from August 2020 to August 2024, income grew from $54k to $79k (+45%), an average of +9.8% a year. The sharpest change came in the year to August 2022, when income rose by 129%. Over the whole period it spent 109% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Mathematics Education Collaborative sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 26th percentile within WA. Charities of a similar size with the same main cause include Milton-Union Music Boosters Inc ($79k), Hands International ($79k) and The Friendship Initiative Inc ($79k).
On its Form 990 for the period ending August 2024, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $60k (36% of expenses). Other salaries and wages came to $21k. At year end it held assets of $62k against liabilities of $7,679, net assets of $54k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.2%
- Program services 99%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Milton-Union Music Boosters Inc | West Milton | $79k |
| Hands International | Fort Worth | $79k |
| The Friendship Initiative Inc | Coconut Creek | $79k |
| Rotary Club of Lakeway-Lake Travis Foundation Inc | Austin | $79k |