250 The Esplanade, #408
Toronto, ON M5A 1J2
CEO: Ken Aucoin
Board Chair: Manjit Mann

Charitable Reg. #:86432 6814 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 5/5]

✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

A

RESULTS REPORTING

Grade based on the charity's public reporting of the work it does and the results it achieves.

High

DEMONSTRATED IMPACT

The demonstrated impact per dollar Ci calculates from available program information.

NEED FOR FUNDING

Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.

94%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 94 cents are available for programs.



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OVERVIEW

About Jump Math:

JUMP Math is a 4-star charity with High Demonstrated Impact. It has an A Results Reporting grade, which is above average. It is financially transparent and its reserve funds are within Ci's reasonable range; however, it does not report any fundraising costs. 

Founded in 2002, JUMP Math runs programs and provides resources to help grades K-8 students understand and appreciate math. The charity believes that math can help children reach their full potential. JUMP Math states that there is inadequate math support for students and teachers in Canada and the U.S. as education budgets continue to decline. The World Bank predicts that this will result in $17 trillion in income lost for this generation of students. JUMP Math does not report the amount it spent on its programs.  

A Charity Intelligence 2024 Top Canadian Impact Charity.

A Charity Intelligence 2024 Top 100 Rated Charity

JUMP Math partners with school boards, governments, and other charities to reach youth with its math program. In F2024, JUMP Math reached 508,000 students and 41,900 teachers globally. The charity’s goal is to reach 1 million students by 2027. Its program helps students combat “math anxiety” through Structured Inquiry. Structured Inquiry focuses on understanding concepts and building student confidence. JUMP Math learning does not rely on textbooks or memorization.

JUMP Math mainly works in Canada. It has partnerships with the governments of Alberta and Ontario. It also works in the United States, Spain, Chile, Colombia, and Bulgaria. JUMP Math also collaborates with Indigenous communities in Canada. In F2024, JUMP Math reached 12,200 students in remote First Nations and Inuit communities.

JUMP Math is also a non-profit publisher. It subsidizes the cost of its print resources to make them more affordable. Free digital resources are available online for teachers and parents / guardians. In F2024, 40,000 educators and 6,000 parents signed up to access free resources. 243,500 resources were downloaded from the Resource Centre in F2024.

JUMP Math also provides professional learning to educators. In F2024, JUMP Math provided 2,500 hours of professional learning to 6,900 educators.

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Results and Impact

Using the charity’s total spending of $7.2m and the 508,000 students reached in F2024, it cost JUMP Math $14 per student reached in F2024.

JUMP Math is involved in many research projects that assess the efficacy of its programs. Below is an overview of the three most recent research projects at the time of this update.

JUMP Math ran its program in seven schools in partnership with the Toronto District School Board. Before starting the JUMP Math program, these schools’ EQAO scores experienced no improvement over the past two years. After JUMP Math ran its program, there was an average increase in EQAO scores of seven percentage points. This translated into 15% more students passing the tests in schools after adopting JUMP Math.

Louisiana Tech University ran a study on JUMP Math’s programs across seven schools in North Louisiana in 2023. The research found that student scores increased for measurement, algebra, and expressions and equations by 14 points.

JUMP Math also ran its program to help brain tumor survivors. The group that used JUMP Math’s programs improved mathematics calculation and reasoning by 8.2 standard score points, while the control group declined by 2.9 standard score points.

JUMP Math reports that for every dollar it spends it generates $16 in social impact.

Click here to read more on JUMP Math’s research.

Ci has rated JUMP Math as High impact based on demonstrated social impact per dollar spent. Read our report for details on how we calculate JUMP Math’s impact.

A Charity Intelligence 2024 Top Canadian Impact Charity.

Impact Rating: High

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Finances

JUMP Math does not use activity-based costing, which is an accounting best practice. The charity did not properly fill out its T3010 filing as it did not allocate $4.8m in costs. This is a mandatory filing. Ci reported program and admin costs from the charity’s T3010 and put the $4.8m in other costs. Overhead costs are likely understated.

JUMP Math received $2.5m in donations in F2024. The charity also received $4.1m in fees for service (purchases of JUMP Math’s resources), which is 62% of revenue. The charity recorded a deficit of $582k, meaning it drew on its reserves to fund its operations. JUMP Math also spent $1.6m on capital expenditures, which includes investments in its JUMP Math Digital Platform, JUMP Math Lab, and the acquisition of shares in JUMP Math Spain.

JUMP Math did not report fundraising costs. The charity reported spending $402k on administration on its T3010, which is 6% of revenue (excluding investment income). Total overhead spending is 6%. For every dollar donated to the charity, 94 cents are available to go to the cause, which is within Ci's reasonable range. In F2023 and F2022, when JUMP Math disclosed its overhead costs, total overhead spending ratios were outside Ci's reasonable range. F2024 overhead spending is likely understated. 

JUMP Math has $446k in net reserve funds (cash and investments, less interest-bearing debt). These reserves can cover two months of the charity’s annual program costs. This is within Ci’s reasonable range.

This charity report is an update that has been sent to JUMP Math.

Updated on May 27, 2025 by Liam Chapleau.

Financial Review


Financial Ratios

Fiscal year ending April
202420232022
Administrative costs as % of revenues 6.1%17.4%18.4%
Fundraising costs as % of donations 0.0%17.3%18.2%
Total overhead spending 6.1%34.8%36.6%
Program cost coverage (%) 22.2%50.9%36.2%

Summary Financial Statements

All figures in $000s
202420232022
Donations 2,4521,9281,175
Government funding 010648
Fees for service 4,1288,0096,148
Investment income 22195
Other income 597261
Total revenues 6,66110,0388,037
Program costs - International 09871
Program costs - Canada 2,0115,5344,097
Grants 0100100
Administrative costs 4021,7451,480
Fundraising costs 0334213
Other costs 4,83000
Total spending 7,2437,8125,962
Cash flow from operations (582)2,2262,075
Capital spending 1,6091214
Funding reserves 4462,9161,546

Note: Deferred Grants: Ci included deferred grants within donations, which was $87k in F2024, $104k in F2023, and $371k in F2022. 2. Deferred Licensing and Royalties: Ci included deferred licensing and royalties within fees for service, which was ($1.3m) in F2024, $52k in F2023, and $1.8m in F2022. 3. Amortization: Ci removed amortization pro-rata from program, administration, and other costs. Amortization was $15.8m in F2024, $20.0m in F2023, and $5.2m in F2022.

Salary Information

Full-time staff: 36

Avg. compensation: $88,731

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
1
$160k - $200k
1
$120k - $160k
7
$80k - $120k
1
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2024

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Comments & Contact

Comments added by the Charity:

August 15, 2024.

At $8 million in annual revenues, JUMP Math is a mid-sized charitable organization with a mission to make a more numerate and equitable society for all through mathematics education. The overhead costs in 2022-23 of 38% for administration and fundraising, though slightly outside Charity Intelligence’s reasonable range, helped professionalize, build out, and strengthen JUMP Math’s infrastructure adding:

  • human resource staff and processes;
  • information technology and information management services, including new equipment and software;
  • professional communications staff to bring the JUMP Math offerings to broader attention; and
  • more finance and accounting staff to support an increased number of transactions and projects.

This investment was necessary for the growth and greater reach that success is bringing to JUMP Math, having increased its revenue from $5 million in 2020-21. 

Charity Contact

Website: www.jumpmath.org
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-596-7716

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Charitable Registration Number: 80340 7956 RR0001