Madison Turners Inc

Analysis

Madison Turners Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in July 1982, 44 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Madison Turners Inc reported income of $676k and spending of $582k, spending 86% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $432k to $676k (+57%), an average of +12% a year. The sharpest change came in the year to August 2022, when income rose by 47%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Madison Turners Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within WI. Charities of a similar size with the same main cause include Vipers Baseball Club Inc ($676k), Donovan Athletic Association Inc ($676k) and Mountain Pacific Sports Federation ($676k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 1.1% and program service revenue 97% of the total. Other salaries and wages came to $333k. At year end it held assets of $1.2m against liabilities of $14k, net assets of $1.1m. It reported 30 employees.