The@makerbarn

Analysis

The@makerbarn is a registered charity in United States, based in Magnolia, TX. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, The@makerbarn reported income of $146k and spending of $124k, spending 85% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $103k to $146k (+42%), an average of +42% a year. The sharpest change came in the year to July 2024, when income rose by 42%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The@makerbarn sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Central Montcalm Community Foundation ($146k), Kids Xplore Inc ($146k) and Friends of the Chesterfield County Public Library ($146k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 8.3% of the total. At year end it held assets of $185k against liabilities of $0, net assets of $185k.