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Madison County Partnership for Children & Families Inc

RegisteredEIN 56-2040118Mars Hill, NCEducation and training
Income$447k2024-06
Spending$456ksame year
Spent / received100%6-year average
Size in its cause66th pctEducation and training
Exempt since1998Publicly supported organisat
Employees5latest return

Analysis

Madison County Partnership for Children & Families Inc is a registered charity in United States, based in Mars Hill, NC. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Madison County Partnership for Children & Families Inc reported income of $447k and spending of $456k, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $293k to $447k (+53%), an average of +8.8% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Madison County Partnership for Children & Families Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include Gloucester Montessori School ($447k), Sioux Falls Public Schools Education Foundation ($447k) and Community Support Services Organization ($447k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 0.2% of the total. Other salaries and wages came to $197k. At year end it held assets of $53k against liabilities of $2,474, net assets of $51k. It reported 5 employees.

Income and spending

$0$114k$228k$342k$456k2019 Income: $293,0732019 Spending: $293,14520192020 Income: $285,3702020 Spending: $289,78720202021 Income: $316,6242021 Spending: $305,40520212022 Income: $298,7572022 Spending: $313,13720222023 Income: $362,2302023 Spending: $339,18620232024 Income: $447,2492024 Spending: $456,1762024
IncomeSpending

Where the income comes from

  • Contributions & grants 96%
  • Program services 0.2%
  • Other 3.7%

Similar-sized charities, same cause

CharityLocationIncome
Gloucester Montessori SchoolGloucester$447k
Sioux Falls Public Schools Education FoundationSioux Falls$447k
Community Support Services OrganizationBaldwin Park$447k
Sharefest Texas IncGrand Prairie$447k