The Makers Place Inc

Analysis

The Makers Place Inc is a registered charity in United States, based in Trenton, NJ. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover human services, 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, The Makers Place Inc reported income of $131k and spending of $143k, spending 109% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $4,739 to $131k (+2663%), an average of +202% a year. The sharpest change came in the year to December 2021, when income rose by 2231%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Makers Place Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 52nd percentile within NJ. Charities of a similar size with the same main cause include Bikes for Goodness Sake Foundation ($131k), On Your Feet Foundation ($131k) and Kids Charities ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.