Macon Economic Opportunity Inc

Analysis

Macon Economic Opportunity Inc is a registered charity in United States, based in Oak Grove, LA. It received its IRS tax-exemption ruling in August 1967, 59 years ago. 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, Macon Economic Opportunity Inc reported income of $81k and spending of $81k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $139k to $81k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Macon Economic Opportunity Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within LA. Charities of a similar size with the same main cause include Mid-Penn Region Charities Inc ($81k), Lenoir City Youth Football Organization Inc ($81k) and Clayville Library Association ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $350 against liabilities of $0, net assets of $350.