Living Matrix Education Inc

Analysis

Living Matrix Education Inc is a registered charity in United States, based in Park City, UT. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Living Matrix Education Inc reported income of $95k and spending of $99k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $98k to $95k (-3.0%), an average of -0.8% a year. The sharpest change came in the year to June 2022, when income rose by 83%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Living Matrix Education Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within UT. Charities of a similar size with the same main cause include Yankeetown Womans Club Inc ($95k), Merritt Island High School Band Booster Organization Incorporated ($95k) and American Moot Court Association ($95k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $11k. At year end it held assets of $53k against liabilities of $111k, net assets of -$58k. It reported 1 employees.