Madison United Rugby Inc

Analysis

Madison United Rugby Inc is a registered charity in United States, based in Cottage Grove, WI. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 United Rugby Inc reported income of $2.1m and spending of $625k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $439k to $2.1m (+386%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 507%. Over the whole period it spent 62% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Madison United Rugby Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within WI. Charities of a similar size with the same main cause include New Richmond Area Centre Ltd ($2.1m), River Heritage Conservancy Inc ($2.1m) and Hayden Synchronized Skating Teams Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $40k (6.4% of expenses). Other salaries and wages came to $29k. At year end it held assets of $1.8m against liabilities of $3,334, net assets of $1.8m. It reported 4 employees.