Matt 25 Inc

Analysis

Matt 25 Inc is a registered charity in United States, based in Clovis, NM. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Matt 25 Inc reported income of $485k and spending of $492k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $533k to $485k (-8.9%), an average of -2.3% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Matt 25 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 70th percentile, and in the 68th percentile within NM. Charities of a similar size with the same main cause include Rutter Foundation Inc ($485k), Raymond C Rude Supporting Foundation ($486k) and Social Justice Charitable Corporation ($485k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 73% of the total. Other salaries and wages came to $322k. At year end it held assets of $673k against liabilities of $1,886, net assets of $671k. It reported 36 employees.