Mad in America Foundation

Analysis

Mad in America Foundation is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Mad in America Foundation reported income of $316k and spending of $443k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $460k to $316k (-31%), an average of -8.9% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mad in America Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include C-Trilogy Outreach ($316k), Bee Cave Recovery ($316k) and Move for Jenn Foundation ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $50k (11% of expenses). Other salaries and wages came to $96k. At year end it held assets of $414k against liabilities of $3,444, net assets of $410k. It reported 3 employees.