Local Matters

Analysis

Local Matters is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Local Matters reported income of $1.6m and spending of $1.4m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.6m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Local Matters sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Millennium Adult Health Care Inc ($1.6m), Casa de Peregrinos Inc ($1.6m) and A Soldiers Child Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $98k (6.9% of expenses). Other salaries and wages came to $770k. At year end it held assets of $1.8m against liabilities of $838k, net assets of $987k. It reported 26 employees.