Madonna House of Northern Ky Inc

Analysis

Madonna House of Northern Ky Inc is a registered charity in United States, based in Ft Mitchell, KY. It received its IRS tax-exemption ruling in November 1986, 40 years ago. 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 April 2023, Madonna House of Northern Ky Inc reported income of $112k and spending of $81k, leaving 28% of income unspent that year. Across the 5 years on record, from April 2019 to April 2023, income fell from $183k to $112k (-39%), an average of -12% a year. The sharpest change came in the year to April 2020, when income dropped by 48%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Madonna House of Northern Ky 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 40th percentile, and in the 39th percentile within KY. Charities of a similar size with the same main cause include The State of Alabama Engineering Hall of Fame ($112k), Water Resources Association of the Delaware River Basin ($112k) and Weslaco Museum of Local History and Cultural Art ($112k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Other salaries and wages came to $29k. At year end it held assets of $613k against liabilities of -$1,184, net assets of $614k. It reported 4 employees.