Madison County Senior Citizens Association Inc

Analysis

Madison County Senior Citizens Association Inc is a registered charity in United States, based in Rexburg, ID. It received its IRS tax-exemption ruling in March 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Madison County Senior Citizens Association Inc reported income of $234k and spending of $231k, spending 99% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $159k to $234k (+47%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Madison County Senior Citizens Association Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within ID. Charities of a similar size with the same main cause include Saint Marianne Cope Shrine & Museum ($234k), Colorado Springs Choral Society ($234k) and Camp Fireside Inc ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 28% of the total. Other salaries and wages came to $80k. At year end it held assets of $193k against liabilities of $0, net assets of $193k. It reported 9 employees.