Madison County Community Learning Centers

Analysis

Madison County Community Learning Centers is a registered charity in United States, based in Hot Springs, NC. It received its IRS tax-exemption ruling in January 2009, 17 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 County Community Learning Centers reported income of $1.1m and spending of $1.2m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $729k to $1.1m (+54%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 70%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Madison County Community Learning Centers sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Live Again Fresno ($1.1m), Northeast Earth Coalition ($1.1m) and All Secure Foundation Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Other salaries and wages came to $845k. It paid $16k in professional fundraising fees. At year end it held assets of $710k against liabilities of $213k, net assets of $497k. It reported 35 employees.