Made a Masterpiece Inc

Analysis

Made a Masterpiece Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Made a Masterpiece Inc reported income of $53k and spending of $57k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $211k to $53k (-75%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 66%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Made a Masterpiece Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include Ready Rides ($53k), Cascade Community Services Inc ($53k) and Lucy Yao Ohara Charitable Foundation ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $11k. At year end it held assets of $25k against liabilities of $41, net assets of $25k. It reported 1 employees.