American Institute of Mathematics

Analysis

American Institute of Mathematics is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in March 2015, 11 years ago. 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, American Institute of Mathematics reported income of $5.4m and spending of $5.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.2m to $5.4m (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Institute of Mathematics sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include West Morris Area YMCA ($5.4m), Family Service Association of Greater Elgin Area ($5.4m) and National Eating Disorders Association ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $591k (11% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $3.3m against liabilities of $308k, net assets of $3.0m. It reported 23 employees.