Maize Genetics Cooperation Inc

Analysis

Maize Genetics Cooperation Inc is a registered charity in United States, based in Fitchburg, WI. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Maize Genetics Cooperation Inc reported income of $624k and spending of $342k, leaving 45% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $259k to $624k (+141%), an average of +55% a year. The sharpest change came in the year to December 2022, when income rose by 76%. Over the whole period it spent 52% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maize Genetics Cooperation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within WI. Charities of a similar size with the same main cause include Dayspring Christian Academy and Preschool Inc ($624k), Careavan Transit System Inc ($624k) and Gliding Stars ($624k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $579k against liabilities of $0, net assets of $579k.