Madison Softball Inc

Analysis

Madison Softball Inc is a registered charity in United States, based in Madison, NJ. It received its IRS tax-exemption ruling in April 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Madison Softball Inc reported income of $86k and spending of $93k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $103k to $86k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Madison Softball Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Omaha Lacrosse Club Inc ($86k), South Buffalo Baseball Association ($86k) and Trackgirlz ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 0.1% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.