Robert Machemer Foundation

Analysis

Robert Machemer Foundation is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in December 2011, 15 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, Robert Machemer Foundation reported income of $50k and spending of $100k, spending 200% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $25k to $50k (+100%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 500%. Over the whole period it spent 157% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Robert Machemer Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within NC. Charities of a similar size with the same main cause include Nedica ($50k), Conservation Research and Education Opportunities ($50k) and Heavilin Elementary Parent and Teacher Organization ($50k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.