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Maduson Eagle Homes Inc

RegisteredEIN 38-3303110Inkster, MIHealth and saving lives
Income$629k2023-12
Spending$566ksame year
Spent / received89%5-year average
Size in its cause58th pctHealth and saving lives
Exempt since1998Publicly supported organisat
Employees10latest return

Analysis

Maduson Eagle Homes Inc is a registered charity in United States, based in Inkster, MI. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2023, Maduson Eagle Homes Inc reported income of $629k and spending of $566k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $424k to $629k (+48%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Maduson Eagle Homes Inc 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 73rd percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Anderson Hospital Foundation ($628k), Oregon Council on Problem Gambling ($629k) and Washington Restaurant Association Education Foundation ($628k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $321k. At year end it held assets of $349k against liabilities of $0, net assets of $349k. It reported 10 employees.

Income and spending

$0$157k$314k$471k$629k2019 Income: $424,2792019 Spending: $355,72520192020 Income: $441,6402020 Spending: $371,53520202021 Income: $478,8012021 Spending: $463,91820212022 Income: $600,5372022 Spending: $541,85220222023 Income: $628,5342023 Spending: $565,6642023
IncomeSpending

Where the income comes from

  • Program services 100%

Similar-sized charities, same cause

CharityLocationIncome
Anderson Hospital FoundationMaryville$628k
Oregon Council on Problem GamblingHillsboro$629k
Washington Restaurant Association Education FoundationTumwater$628k
Walk-In Counseling Center IncMinneapolis$629k