Madison Boosters Club

Analysis

Madison Boosters Club is a registered charity in United States, based in Mansfield, OH. It received its IRS tax-exemption ruling in August 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. 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 October 2023, Madison Boosters Club reported income of $390k and spending of $328k, spending 84% of its income. Across the 5 years on record, from October 2019 to October 2023, income fell from $397k to $390k (-1.8%), an average of -0.4% a year. The sharpest change came in the year to October 2020, when income dropped by 26%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Madison Boosters Club sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Ross Community Center Inc ($390k), Hispanic-American Association of ($390k) and Edward J Robson Family Foundation ($389k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 39% of the total. Compensation of current officers, directors and key employees was $53k (16% of expenses). At year end it held assets of $781k against liabilities of $0, net assets of $781k. It reported 1 employees.