Madison Alexander Cooper and Martha Roane Cooper Foundation

Analysis

Madison Alexander Cooper and Martha Roane Cooper Foundation is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in September 1947, 79 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Madison Alexander Cooper and Martha Roane Cooper Foundation reported income of $1.7m and spending of $2.8m, spending 169% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $3.6m to $1.7m (-54%), an average of -18% a year. The sharpest change came in the year to March 2021, when income rose by 122%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Madison Alexander Cooper and Martha Roane Cooper Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Mother Seton House Inc ($1.7m), St Andrews Housing Dev Fund Co ($1.7m) and Nopi Inc ($1.7m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 0.0% of the total. Other salaries and wages came to $197k. At year end it held assets of $86.5m against liabilities of $319k, net assets of $86.2m. It reported 2 employees.