Madonna Center Inc

Analysis

Madonna Center Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, Madonna Center Inc reported income of $2.7m and spending of $2.4m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $2.7m (+110%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 58%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Madonna Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Center of Concern ($2.7m), Good Samaritan Services ($2.7m) and Black Organizing Project Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $104k (4.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.6m against liabilities of $124k, net assets of $2.4m. It reported 60 employees.