Club Madeirense S S Sacramento Charitable Foundation Inc

Analysis

Club Madeirense S S Sacramento Charitable Foundation Inc is a registered charity in United States, based in New Bedford, MA. It received its IRS tax-exemption ruling in March 2003, 23 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, Club Madeirense S S Sacramento Charitable Foundation Inc reported income of $115k and spending of $110k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $113k to $115k (+1.7%), an average of +0.4% a year. The sharpest change came in the year to December 2022, when income rose by 764%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Club Madeirense S S Sacramento Charitable Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within MA. Charities of a similar size with the same main cause include Giving Heart Englewood ($115k), Sharing Table ($115k) and The James Foundation Charitable Trust ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $267k against liabilities of $42k, net assets of $225k.