Madison River Foundation Inc

Analysis

Madison River Foundation Inc is a registered charity in United States, based in Ennis, MT. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 River Foundation Inc reported income of $240k and spending of $293k, spending 122% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $283k to $240k (-15%), an average of -7.8% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 81% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Madison River Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within MT. Charities of a similar size with the same main cause include Missouri State Parks Foundation Inc ($240k), Paint Rock Forest Research Center ($240k) and Federation of Environment Technologists Inc ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% of the total. Compensation of current officers, directors and key employees was $109k (37% of expenses). Other salaries and wages came to $66k. At year end it held assets of $294k against liabilities of $3,875, net assets of $290k. It reported 3 employees.