CSCharityScored
89

Madison Healthcare Services

Health · Madison, Minnesota

900 2Nd Ave, Madison, MN 56256-1006

EIN: 410706115· Founded: Nov 1961· 65 years active· Filing Year: 2023

Annual Revenue

$20.7M

Total Expenses

$20.9M

Total Assets

$44.8M

Program Spending

89%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$408K

2.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$8.6M

Total Payroll

$9.0M

43% of total expenses

Where the Money Goes

89%
Programs: 89%
Payroll: 43%
Other overhead: 11%
Program Revenue$18.6M (90%)
Total Expenses$20.9M (100%)
Payroll$9.0M (43%)
Overhead (non-program)11%

Trust Score Breakdown

Program Spending Ratio

89% of expenses go to programs

40%

Revenue & Stability

$20.7M annual revenue

15%

Executive Compensation

$408K total officer comp (2.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$44.8M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.