Made for More Foundation

Analysis

Made for More Foundation is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Made for More Foundation reported income of $234k and spending of $176k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $111k to $234k (+111%), an average of +111% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Made for More Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Strong Center Incorporated ($234k), Backlight Productions ($234k) and Hope for Youth ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $85k (48% of expenses). Other salaries and wages came to $2,214. At year end it held assets of $101k against liabilities of $10k, net assets of $91k. It reported 2 employees.