Makespace Association Inc

Analysis

Makespace Association Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Makespace Association Inc reported income of $229k and spending of $159k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income fell from $355k to $229k (-36%), an average of -36% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Makespace Association Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within VA. Charities of a similar size with the same main cause include Chicago Fellowship ($229k), Peaceful Valley Baptist Camp ($229k) and Southern Baptist Association of Christian Schools Inc ($229k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 92% and program service revenue 8.0% of the total. At year end it held assets of $1.1m against liabilities of $2,710, net assets of $1.0m.