Makoce Agriculture Development

Analysis

Makoce Agriculture Development is a registered charity in United States, based in Porcupine, SD. It received its IRS tax-exemption ruling in June 2020, 6 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 (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, Makoce Agriculture Development reported income of $1.7m and spending of $1.4m, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $550k to $1.7m (+202%), an average of +74% a year. The sharpest change came in the year to December 2022, when income rose by 569%. Over the whole period it spent 36% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Makoce Agriculture Development sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within SD. Charities of a similar size with the same main cause include Churches United for Fair Housing Inc ($1.7m), Southeast Childrens Fund Inc ($1.7m) and Dorothy and Lewis B Cullman Child Development Center Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $101k (7.5% of expenses). Other salaries and wages came to $445k. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m. It reported 19 employees.