Madison Family Health Corporation

Analysis

Madison Family Health Corporation is a registered charity in United States, based in London, OH. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Madison Family Health Corporation reported income of $15.7m and spending of $15.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.9m to $15.7m (+126%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 52%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Madison Family Health Corporation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Sun Health Services ($15.7m), Saint Lukes Foundation ($15.7m) and Cancer Research Fund of the Damon Runyon-Walter Winchell Foundation ($15.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. At year end it held assets of $1.8m against liabilities of $1.1m, net assets of $671k.