Maker Bhavan Foundation

Analysis

Maker Bhavan Foundation is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in April 2019, 7 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 December 2023, Maker Bhavan Foundation reported income of $602k and spending of $497k, spending 83% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $549k to $602k (+9.7%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maker Bhavan Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Ellen Macarthur Foundation USA Inc ($602k), Providence Center ($602k) and Henderson County Education Foundation Inc ($602k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $348k against liabilities of $1,585, net assets of $347k.