Amazeworks

Analysis

Amazeworks is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in June 2000, 26 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, Amazeworks reported income of $744k and spending of $867k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $506k to $744k (+47%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 58%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Amazeworks sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MN. Charities of a similar size with the same main cause include Cornerstone Christian Academy Inc ($744k), Sonkids Christian School ($744k) and Gwinnett County Public Library Foundation Inc ($744k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $93k (11% of expenses). Other salaries and wages came to $438k. At year end it held assets of $406k against liabilities of $127k, net assets of $280k. It reported 9 employees.