Springdale Cemetery Association

Analysis

Springdale Cemetery Association is a registered charity in United States, based in Madison, IN. It received its IRS tax-exemption ruling in April 1945, 81 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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 December 2023, Springdale Cemetery Association reported income of $167k and spending of $92k, leaving 45% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $52k to $167k (+223%), an average of +80% a year. The sharpest change came in the year to December 2022, when income rose by 136%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Springdale Cemetery Association sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within IN. Charities of a similar size with the same main cause include South Arkansas Livestock Show Association ($167k), Ballet Next Inc ($167k) and Dekalb County Farm Bureau Foundation ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 11% of the total. At year end it held assets of $226k against liabilities of $2,344, net assets of $224k.