Makoti Threshers Association
Analysis
Makoti Threshers Association is a registered charity in United States, based in Makoti, ND. It received its IRS tax-exemption ruling in May 1975, 51 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Makoti Threshers Association reported income of $61k and spending of $37k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $31k to $61k (+98%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 92% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Makoti Threshers Association sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 15th percentile within ND. Charities of a similar size with the same main cause include Independent Living Horizons Three Inc ($61k), Maxcen Housing Society Inc Michigan Branch ($61k) and Women in Hospitality United Inc ($61k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $736k against liabilities of $0, net assets of $736k.
Income and spending
Where the income comes from
- Contributions & grants 54%
- Program services 46%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Independent Living Horizons Three Inc | Augusta | $61k |
| Maxcen Housing Society Inc Michigan Branch | Detroit | $61k |
| Women in Hospitality United Inc | New York | $61k |
| Westerville Caring and Sharing | Westerville | $61k |