Madonna Mission
Analysis
Madonna Mission is a registered charity in United States, based in Winnetka, IL. It received its IRS tax-exemption ruling in June 2011, 15 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, Madonna Mission reported income of $594k and spending of $600k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $594k (+127%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 81%. Over the whole period it spent 86% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Madonna Mission sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Resources for Independence Inc ($594k), 2nd Mile Ministries ($594k) and Longview Dream Center Inc ($594k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 7.6% of the total. Compensation of current officers, directors and key employees was $89k (15% of expenses). Other salaries and wages came to $268k. At year end it held assets of $604k against liabilities of $58k, net assets of $546k. It reported 30 employees.
Income and spending
Where the income comes from
- Contributions & grants 64%
- Program services 7.6%
- Other 28%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Resources for Independence Inc | Cumberland | $594k |
| 2nd Mile Ministries | Jacksonville | $594k |
| Longview Dream Center Inc | Longview | $594k |
| Jason Taylor Foundation Inc | Davie | $594k |