Mat-Sar

Analysis

Mat-Sar is a registered charity in United States, based in Wasilla, AK. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 2022, Mat-Sar reported income of $63k and spending of $57k, spending 91% of its income. Across the 3 years on record, from December 2020 to December 2022, income fell from $83k to $63k (-24%), an average of -13% a year. The sharpest change came in the year to December 2021, when income dropped by 20%. Over the whole period it spent 66% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Mat-Sar sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 19th percentile within AK. Charities of a similar size with the same main cause include Belmont Fire Company Inc ($63k), Henderson Firefighters Benevolent Association ($63k) and Hainesville Volunteer Fire Department Inc ($63k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 32% and program service revenue 1.5% of the total. At year end it held assets of $79k against liabilities of $423, net assets of $79k.