M12 Incorporated

Analysis

M12 Incorporated is a registered charity in United States, based in Broomfield, CO. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover community improvement and capacity building, 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, M12 Incorporated reported income of $56k and spending of $50k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $103k to $56k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, M12 Incorporated sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within CO. Charities of a similar size with the same main cause include National Rehabilitation & Rediscovery Foundation Inc ($56k), Houston Area Nurse Practitioners Inc ($56k) and Operation Ukraine ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. At year end it held assets of $38k against liabilities of $350, net assets of $38k.