Madden Charities Inc

Analysis

Madden Charities Inc is a registered charity in United States, based in Pleasanton, CA. It received its IRS tax-exemption ruling in November 1988, 38 years ago. 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, Madden Charities Inc reported income of $1.9m and spending of $516k, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.9m (+54%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 350%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Madden Charities Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Monroe Educational Foundation ($1.9m), Covenant House Inc ($1.9m) and Child Care Council of Orange County Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $12.9m against liabilities of $0, net assets of $12.9m.