Madison Community Cooperative

Analysis

Madison Community Cooperative is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in June 1995, 31 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 May 2024, Madison Community Cooperative reported income of $1.6m and spending of $1.5m, spending 97% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $1.4m to $1.6m (+17%), an average of +3.2% a year. The sharpest change came in the year to May 2021, when income rose by 63%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Madison Community Cooperative sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WI. Charities of a similar size with the same main cause include San Miguel Febres Cordero School Inc ($1.6m), Navy Seabee Foundation ($1.6m) and Burton Foundation for Legal Achievement ($1.6m).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 92% of the total. Compensation of current officers, directors and key employees was $42k (2.8% of expenses). Other salaries and wages came to $148k. At year end it held assets of $4.4m against liabilities of $1.4m, net assets of $3.1m. It reported 6 employees.