Mad Ministries

Analysis

Mad Ministries is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover human services, 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 Ministries reported income of $86k and spending of $81k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $86k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mad Ministries sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 29th percentile within CO. Charities of a similar size with the same main cause include Stearns County American Dairy Assoc ($86k), Love Inc of Oscoda County ($86k) and By My Side Ltd ($86k).

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 $62k against liabilities of $0, net assets of $62k.