Fablab Nonprofit

Analysis

Fablab Nonprofit is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in March 2018, 8 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, Fablab Nonprofit reported income of $106k and spending of $109k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $106k (+4.5%), an average of +4.5% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fablab Nonprofit sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within WA. Charities of a similar size with the same main cause include Diamond Bar Community Nursery School Inc ($106k), Emmanuel Christian University Corp ($106k) and Beyond US Ministries ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.