Maker Space 307

Analysis

Maker Space 307 is a registered charity in United States, based in Riverton, WY. It received its IRS tax-exemption ruling in February 2021, 5 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 December 2023, Maker Space 307 reported income of $257k and spending of $288k, spending 112% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $243k to $257k (+5.9%), an average of +2.9% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maker Space 307 sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within WY. Charities of a similar size with the same main cause include Morris County Secondary School Athletic Directors Association ($257k), Parent Booster USA Inc ($257k) and Foundation for Advocacy Inclusion and Resources ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $57k (20% of expenses). Other salaries and wages came to $16k. At year end it held assets of $150k against liabilities of $0, net assets of $150k. It reported 3 employees.