Maker Learning Network

Analysis

Maker Learning Network is a registered charity in United States, based in Castaic, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Maker Learning Network reported income of $9.0m and spending of $7.0m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $12.4m to $9.0m (-28%), an average of -7.8% a year. The sharpest change came in the year to June 2020, when income dropped by 63%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maker Learning Network sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Hope Community Public Charter School ($9.0m), William L Gilbert School Corp ($9.0m) and International Institute of Islamic Thought ($9.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $283k (4.0% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $34.0m against liabilities of $34.6m, net assets of -$615k. It reported 91 employees.