Maddies Place

Analysis

Maddies Place is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Maddies Place reported income of $3.4m and spending of $2.8m, spending 81% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $681k to $3.4m (+403%), an average of +71% a year. The sharpest change came in the year to December 2023, when income rose by 171%. Over the whole period it spent 57% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Maddies Place sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WA. Charities of a similar size with the same main cause include Cass County Mental Health Association ($3.4m), Oakside Corporation ($3.4m) and Make-A-Wish Foundation of Iowa Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $206k (7.5% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $3.6m against liabilities of $801k, net assets of $2.8m. It reported 94 employees.