Make Startups Institute Inc

Analysis

Make Startups Institute Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover science and technology, 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 2022, Make Startups Institute Inc reported income of $627k and spending of $627k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $800k to $627k (-22%), an average of -7.8% a year. The sharpest change came in the year to December 2020, when income dropped by 16%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Make Startups Institute Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within GA. Charities of a similar size with the same main cause include Cleveland Classical Guitar Society ($627k), Platteforum ($627k) and Grow Smart Rhode Island ($627k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $64k. At year end it held assets of $46k against liabilities of $658, net assets of $45k. It reported 3 employees.