Madieu Williams Foundation Inc

Analysis

Madieu Williams Foundation Inc is a registered charity in United States, based in Highland BCH, MD. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Madieu Williams Foundation Inc reported income of $343k and spending of $343k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $54k to $343k (+534%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 592%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Madieu Williams Foundation Inc 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 64th percentile, and in the 64th percentile within MD. Charities of a similar size with the same main cause include Biddeford Youth Hockey Association ($343k), Howell Area Junior Football League ($343k) and Kingwood Forest Cove Area Youth Bas Eball Inc ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $12k. At year end it held assets of $275k against liabilities of $0, net assets of $275k.