Live Like Madison Inc

Analysis

Live Like Madison Inc is a registered charity in United States, based in Laurinburg, NC. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Live Like Madison Inc reported income of $172k and spending of $171k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $177k to $172k (-2.9%), an average of -1.5% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Live Like Madison Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Rural Addiction Prevention ($172k), Good Cheer Society Inc ($172k) and Mpower Approach Inc ($172k).

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 $23k against liabilities of $0, net assets of $23k.