Made in Durham

Analysis

Made in Durham is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Made in Durham reported income of $545k and spending of $992k, spending 182% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.1m to $545k (-51%), an average of -21% a year. The sharpest change came in the year to June 2022, when income dropped by 40%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Made in Durham sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Glen View Club Scholarship Foundation ($545k), R a C E Reaching All Children Equally ($545k) and Nobility in Action ($545k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $102k (10% of expenses). Other salaries and wages came to $458k. At year end it held assets of $527k against liabilities of $56k, net assets of $471k. It reported 7 employees.