Madonna House Inc

Analysis

Madonna House Inc is a registered charity in United States, based in Neptune, NJ. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Madonna House Inc reported income of $344k and spending of $361k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $299k to $344k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Madonna House Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include Greater Things ($344k), Catalyst Christian Missionmobilization ($344k) and Destiny Ministries International Church Ministries ($344k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $598k against liabilities of $0, net assets of $598k.