Madison County Sheltered Workshop

Analysis

Madison County Sheltered Workshop is a registered charity in United States, based in Fredericktown, MO. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Madison County Sheltered Workshop reported income of $801k and spending of $564k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $502k to $801k (+59%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Madison County Sheltered Workshop sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within MO. Charities of a similar size with the same main cause include Berkshire Grown Inc ($801k), Spectrum Living Solutions Inc ($801k) and MCC Foundation Inc ($800k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 23% of the total. Other salaries and wages came to $252k. At year end it held assets of $841k against liabilities of $24k, net assets of $817k. It reported 43 employees.