Madison Little League Inc

Analysis

Madison Little League Inc is a registered charity in United States, based in Madison, NJ. It received its IRS tax-exemption ruling in November 1968, 58 years ago. 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 September 2023, Madison Little League Inc reported income of $583k and spending of $250k, leaving 57% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $237k to $583k (+147%), an average of +146% a year. The sharpest change came in the year to September 2023, when income rose by 147%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Madison Little League Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include The Skating Club of New York Inc ($583k), The Greater Pensacola Aquatic Club Inc ($584k) and United Passaic Organization ($583k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $442k against liabilities of $0, net assets of $442k.