Machuca Foundation Inc

Analysis

Machuca Foundation Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in August 2019, 7 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, Machuca Foundation Inc reported income of $453k and spending of $464k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $471k to $453k (-3.7%), an average of -1.9% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Machuca Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within NV. Charities of a similar size with the same main cause include The Lord of Universe Church ($453k), One Archives Foundation ($453k) and Izaak Walton League of America Inc ($453k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $155k (33% of expenses). Other salaries and wages came to $48k. At year end it held assets of $91k against liabilities of $0, net assets of $91k. It reported 4 employees.