Club of Madrid Foundation Inc

Analysis

Club of Madrid Foundation Inc is a registered charity in United States, based in Vienna, VA. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 2021, Club of Madrid Foundation Inc reported income of $276k and spending of $281k, spending 102% of its income. Across the 3 years on record, from December 2019 to December 2021, income fell from $451k to $276k (-39%), an average of -22% a year. The sharpest change came in the year to December 2020, when income dropped by 50%. Over the whole period it spent 101% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Club of Madrid Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include Organization for Polyamory and Ethical Nonmonogamy ($276k), Restoration Incorporated Ministries ($276k) and Colage ($276k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $7,000, net assets of $6,176.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.