Madison Eagle Christmas Fund

Analysis

Madison Eagle Christmas Fund is a registered charity in United States, based in Madison, NJ. 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 December 2023, Madison Eagle Christmas Fund reported income of $78k and spending of $85k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $101k to $78k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Madison Eagle Christmas Fund sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 38th percentile within NJ. Charities of a similar size with the same main cause include Mulberry Place Inc ($78k), Society of St Vincent de Paul Council of Pensacola-Tallahassee ($78k) and Pan de Vida Foundation ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.