Mattan Basseter Inc

Analysis

Mattan Basseter Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Mattan Basseter Inc reported income of $1.3m and spending of $1.5m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.3m (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mattan Basseter Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Concordia Foundation Nebraska ($1.3m), Padre Pio Academy ($1.3m) and Building Bright Futures State Council Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $7,200. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m. It reported 1 employees.