Madison Northside Planning Council Inc

Analysis

Madison Northside Planning Council Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Madison Northside Planning Council Inc reported income of $900k and spending of $1.0m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $900k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2022, when income dropped by 25%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Madison Northside Planning Council Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WI. Charities of a similar size with the same main cause include Assistance League of Riverside ($900k), Democratizing Philanthropy Project ($900k) and Fundacion Luis G Fortuno ($899k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $146k (14% of expenses). Other salaries and wages came to $412k. At year end it held assets of $1.4m against liabilities of $1.1m, net assets of $318k. It reported 24 employees.