Matan B Seter Bambi Inc

Analysis

Matan B Seter Bambi Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 1990, 36 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, Matan B Seter Bambi Inc reported income of $880k and spending of $637k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $630k to $880k (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Matan B Seter Bambi Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Sow a Seed Community Foundation ($880k), Hoosier Families Inc ($880k) and Bob Freesen Young Mens Christian Association ($880k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $343k against liabilities of $0, net assets of $343k.