Make-It Springfield Inc

Analysis

Make-It Springfield Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Make-It Springfield Inc reported income of $401k and spending of $320k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $203k to $401k (+98%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Make-It Springfield Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Tyler Clementi Foundation Inc ($401k), Family Promise of San Joaquin County ($401k) and Agape of North Alabama Inc ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $68k (21% of expenses). Other salaries and wages came to $76k. At year end it held assets of $440k against liabilities of $0, net assets of $440k. It reported 4 employees.