Makedo

Analysis

Makedo is a registered charity in United States, based in Searcy, AR. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Makedo reported income of $434k and spending of $124k, leaving 71% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $120k to $434k (+261%), an average of +262% a year. The sharpest change came in the year to December 2023, when income rose by 261%. Over the whole period it spent 46% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Makedo sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within AR. Charities of a similar size with the same main cause include Marpa Foundation for the Study Practice & Support of Budda Dharma ($434k), Take the Nations-Usa ($434k) and Glide Community Church ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $74k (60% of expenses). At year end it held assets of $365k against liabilities of $14k, net assets of $350k. It reported 2 employees.