Madison County Elderly Services Inc

Analysis

Madison County Elderly Services Inc is a registered charity in United States, based in Winterset, IA. It received its IRS tax-exemption ruling in January 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Madison County Elderly Services Inc reported income of $452k and spending of $397k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $438k to $452k (+3.3%), an average of +0.8% a year. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Madison County Elderly Services Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within IA. Charities of a similar size with the same main cause include Illinois Partners for Human Service ($452k), Benchmark One Company Fund Inc ($452k) and In His Name Ministries ($452k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Other salaries and wages came to $163k. At year end it held assets of $527k against liabilities of $13k, net assets of $514k. It reported 13 employees.