Madis House Inc

Analysis

Madis House Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, 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, Madis House Inc reported income of $1.2m and spending of $392k, leaving 67% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $411k to $1.2m (+187%), an average of +42% a year. The sharpest change came in the year to December 2021, when income rose by 242%. Over the whole period it spent 22% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Madis House Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include McCullough-Hyde Memorial Hospital Endowment Fund ($1.2m), American Foundation for Children with AIDS Inc ($1.2m) and Spring Manor of Carroll County ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $119k. At year end it held assets of $3.2m against liabilities of $8,938, net assets of $3.2m. It reported 6 employees.