Madison Valley Caring and Sharing Inc

Analysis

Madison Valley Caring and Sharing Inc is a registered charity in United States, based in Ennis, MT. It received its IRS tax-exemption ruling in November 1998, 28 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 December 2023, Madison Valley Caring and Sharing Inc reported income of $73k and spending of $37k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $73k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Madison Valley Caring and Sharing Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 25th percentile within MT. Charities of a similar size with the same main cause include Grit 920 ($73k), Franciscan Apartments Inc ($73k) and Fearfully and Wonderfully Made Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $374k against liabilities of $0, net assets of $374k.