Community Improvement (S20) IRS Verified DX Registered 990 on File

BELLINGHAM MAKERSPACE

EIN: 81-5395318 · BELLINGHAM, WA 98226-5568 · United States · FY 2024 Data

3 out of 5 55 / 100 Based on 2+ years of filings

Financial strength (30%) 87/100

Reliability (20%) 45/100

Effectiveness (25%) 78/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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Mission Statement

The Bellingham Makerspace is a non-profit community tool and skill sharing space whose mission is to provide access to tools and space and support learning to use tools and technology to bring creativity to life.

Financial Overview — FY 2024

$87K

Total Revenue

$86K

Total Expenses

$42K

Net Assets

N/A

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 90.5%

Fundraising Efficiency N/A

Operating Reserve 5.79x

Liability-to-Asset 37.3%

Revenue Diversification 7.3%

Compared with Peers

FY 2024

Compared with 4,006 similar organizations (United States, Community Improvement, under $100K in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	90.5%	81.7%	P10P90	Above median
Operating reserve Months of expenses covered by net assets · higher is better	5.8 mo	23.9 mo	P10P90	Bottom quarter
Liabilities to assets Total liabilities / total assets · lower is better	37.3%	0.0%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	7.3%	98.4%	P10P90	Top quarter
Revenue growth Year over year revenue growth	44.1%	-1.9%	P10P90
Expense growth Year over year expense growth	-5.7%	-1.6%	P10P90
Surplus margin Surplus as a share of revenue	0.5%	11.7%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$87K	$86K	$42K	90.5%	—
2023	$60K	$91K	$42K	86.2%	—
2022	$131K	$128K	$95K	81.0%	—
2021	$287K	$103K	N/A	—	1

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Organization Details

EIN: 81-5395318
State: WA
City: BELLINGHAM
ZIP: 98226-5568
Classification: S20
Category: Community Improvement
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2014
Foundation Code: 16
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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