Matter of Trust Inc

Analysis

Matter of Trust Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Matter of Trust Inc reported income of $562k and spending of $377k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $344k to $562k (+64%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 73%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Matter of Trust Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Improved Milton Experience ($562k), East Texas Media Association Inc ($562k) and My Sisters Charities ($562k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $147k. It paid $16k in professional fundraising fees. At year end it held assets of $717k against liabilities of $22k, net assets of $695k. It reported 11 employees.