Matts Maker Space Inc

Analysis

Matts Maker Space Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Matts Maker Space Inc reported income of $142k and spending of $224k, spending 157% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $184k to $142k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 112% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Matts Maker Space Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within PA. Charities of a similar size with the same main cause include Space Coast Association of Realtors Foundation Inc ($142k), Regents of the University of Minnesota ($142k) and Mount Olivet Lab School Inc ($142k).

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 $30k against liabilities of $0, net assets of $30k.