Mad USA Inc

Analysis

Mad USA Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 2021, Mad USA Inc reported income of $431k and spending of $301k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2016 to December 2021, income grew from $200k to $431k (+115%), an average of +21% a year. The sharpest change came in the year to December 2018, when income rose by 195%. Over the whole period it spent 80% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Mad USA Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within SC. Charities of a similar size with the same main cause include Prevent Child Abuse Gordon County Inc ($430k), From Prison Cells to PHD Inc ($431k) and League of Women Votes of Houston Education Fund ($430k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (22% of expenses). Other salaries and wages came to $60k. At year end it held assets of $164k against liabilities of $0, net assets of $164k. It reported 1 employees.