Matthew 25 Ministries

Analysis

Matthew 25 Ministries is a registered charity in United States, based in Mount Vernon, MO. It received its IRS tax-exemption ruling in June 2014, 12 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, Matthew 25 Ministries reported income of $253k and spending of $192k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $215k to $253k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Matthew 25 Ministries sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within MO. Charities of a similar size with the same main cause include Life House Ministries Inc ($253k), Neighborlink Porter County Inc ($253k) and Foundation for Life Ministries Inc ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $79k. At year end it held assets of $335k against liabilities of $1,670, net assets of $333k. It reported 7 employees.