Masters Workshop

Analysis

Masters Workshop is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Masters Workshop reported income of $245k and spending of $203k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $329k to $245k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Masters Workshop sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within AR. Charities of a similar size with the same main cause include Orot the Center for New Jewish Learning ($245k), Swaminarayan Satsang Mandal of Atlanta ($245k) and Housing Episcopal Methodist Presbyterian Inc ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $43k (21% of expenses). At year end it held assets of $202k against liabilities of $59k, net assets of $143k. It reported 1 employees.