Manufacture Good

Analysis

Manufacture Good is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Manufacture Good reported income of $1.5m and spending of $1.7m, spending 114% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $698k to $1.5m (+117%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Manufacture Good sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within AL. Charities of a similar size with the same main cause include Project Optimism ($1.5m), Clean Memphis Organization ($1.5m) and Net Fort Worth Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. Compensation of current officers, directors and key employees was $103k (6.0% of expenses). Other salaries and wages came to $935k. At year end it held assets of $1.2m against liabilities of $812k, net assets of $378k. It reported 32 employees.