Gildas Club Madison Wisconsin Inc

Analysis

Gildas Club Madison Wisconsin Inc is a registered charity in United States, based in Middleton, WI. It received its IRS tax-exemption ruling in February 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, Gildas Club Madison Wisconsin Inc reported income of $1.3m and spending of $1.0m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $854k to $1.3m (+52%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gildas Club Madison Wisconsin Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within WI. Charities of a similar size with the same main cause include Helpers in Ministries Inc ($1.3m), Longview Community Ministries Information and Service Center Inc ($1.3m) and New Creation Va ($1.3m).

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 $111k (11% of expenses). Other salaries and wages came to $461k. At year end it held assets of $4.3m against liabilities of $49k, net assets of $4.3m.