Mad Agriculture

Analysis

Mad Agriculture is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Mad Agriculture reported income of $2.5m and spending of $2.1m, spending 84% of its income. Across the 4 years on record, from January 2021 to December 2023, income grew from $1.2m to $2.5m (+114%), an average of +29% a year. The sharpest change came in the year to January 2022, when income rose by 88%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mad Agriculture sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Evansville Protestant Home Inc ($2.5m), Clay County Rehabilitation Center Inc ($2.5m) and Greater Elgin Family Care Center Endowment Trust ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $847k (40% of expenses). At year end it held assets of $836k against liabilities of $13k, net assets of $822k. It reported 13 employees.