Rochester Makerspace Inc

Analysis

Rochester Makerspace Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Rochester Makerspace Inc reported income of $185k and spending of $167k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $147k to $185k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rochester Makerspace Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Kingman Community Theatre Association ($185k), High School for the Performing and Visual Arts Parent Teachers ($185k) and Millville Army Air Field Museum Inc ($185k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.