Madison Ministerial Association

Analysis

Madison Ministerial Association is a registered charity in United States, based in Madison, OH. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2020, Madison Ministerial Association reported income of $159k and spending of $91k, leaving 43% of income unspent that year. Across the 3 years on record, from December 2018 to December 2020, income grew from $95k to $159k (+68%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 46%. Over the whole period it spent 63% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Madison Ministerial Association sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within OH. Charities of a similar size with the same main cause include American-Ukrainian Evangelical Fellowship ($159k), Christian Youth Channel Now ($159k) and The Crossover Project ($159k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 98% of the total. At year end it held assets of $373k against liabilities of $0, net assets of $373k.