Madrona Institute

Analysis

Madrona Institute is a registered charity in United States, based in Friday Harbor, WA. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Madrona Institute reported income of $155k and spending of $123k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $155k (+154%), an average of +154% a year. The sharpest change came in the year to December 2023, when income rose by 154%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Madrona Institute sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within WA. Charities of a similar size with the same main cause include Wayne State University ($155k), VPHS Baseball Boosters ($155k) and Skaneateles Nursery School Inc ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $85k against liabilities of $1,926, net assets of $83k.