Madison Abc Program Incorporated

Analysis

Madison Abc Program Incorporated is a registered charity in United States, based in Madison, CT. It received its IRS tax-exemption ruling in October 1969, 57 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Madison Abc Program Incorporated reported income of $260k and spending of $245k, spending 94% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $196k to $260k (+32%), an average of +5.8% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Madison Abc Program Incorporated sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CT. Charities of a similar size with the same main cause include Maine Music Educators Association ($260k), American Herbal Pharmacopoeia ($260k) and Keota Unlimited ($260k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% of the total. Other salaries and wages came to $54k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 4 employees.