Madison District Educational Foundation

Analysis

Madison District Educational Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 1985, 41 years ago. 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, Madison District Educational Foundation reported income of $147k and spending of $51k, leaving 66% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $71k to $147k (+108%), an average of +108% a year. The sharpest change came in the year to June 2023, when income rose by 108%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Madison District Educational Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within AZ. Charities of a similar size with the same main cause include PTA New York Congress ($147k), Honor Flight of Central Oregon ($147k) and Seattle Childrens Hospital ($147k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $414k against liabilities of $0, net assets of $414k.