Makolekole USA Inc

Analysis

Makolekole USA Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Makolekole USA Inc reported income of $214k and spending of $203k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $208k to $214k (+2.8%), an average of +2.8% a year. Over the whole period it spent 89% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Makolekole USA Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 60th percentile within NV. Charities of a similar size with the same main cause include Ting Ministries ($214k), In Jesus Name Medical Ministry ($214k) and Elizabeths Voice Inc ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 122% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.