Making a Great Individual Contribution Inc

Analysis

Making a Great Individual Contribution Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in August 2018, 8 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 June 2023, Making a Great Individual Contribution Inc reported income of $973k and spending of $1.0m, spending 103% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $744k to $973k (+31%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Making a Great Individual Contribution Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include The Colleagues ($973k), Project Patchwork ($973k) and Wenatchee Christian Early Learning ($972k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $198k (20% of expenses). Other salaries and wages came to $272k. At year end it held assets of $181k against liabilities of $39k, net assets of $142k. It reported 8 employees.