Madison Community Services Inc

Analysis

Madison Community Services Inc is a registered charity in United States, based in Madison, CT. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Madison Community Services Inc reported income of $134k and spending of $138k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $134k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Madison Community Services Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within CT. Charities of a similar size with the same main cause include Participa ($134k), Shepherds Center of Raytown ($134k) and Asociacion Nacional de Ciegos ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 9.8% of the total. At year end it held assets of $301k against liabilities of $0, net assets of $301k.