Madaro Family Community Fund

Analysis

Madaro Family Community Fund is a registered charity in United States, based in East Boston, MA. It received its IRS tax-exemption ruling in February 2017, 9 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, Madaro Family Community Fund reported income of $108k and spending of $121k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $108k (+9.4%), an average of +9.4% a year. Over the whole period it spent 124% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Madaro Family Community Fund sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Arcadia Commons Inc ($108k), Casa Blanca Home of Neighborly Service ($108k) and Joshuas Promise ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.