Madera Unified School District Financing Corporation

Analysis

Madera Unified School District Financing Corporation is a registered charity in United States, based in Madera, CA. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Madera Unified School District Financing Corporation reported income of $6.2m and spending of $6.2m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $6.2m (+486%), an average of +80% a year. The sharpest change came in the year to June 2021, when income rose by 190%. Over the whole period it spent 135% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Madera Unified School District Financing Corporation sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Montessori for All Inc ($6.2m), National Tactical Officers Association ($6.2m) and Scenicview Academy Inc ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $742k against liabilities of $0, net assets of $742k.