Father Matthew Kunnath Charitable Foundation Inc

Analysis

Father Matthew Kunnath Charitable Foundation Inc is a registered charity in United States, based in West Orange, NJ. It received its IRS tax-exemption ruling in September 2005, 21 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, Father Matthew Kunnath Charitable Foundation Inc reported income of $68k and spending of $63k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $72k to $68k (-5.6%), an average of -5.6% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Father Matthew Kunnath Charitable Foundation Inc 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 27th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include Allyhoo ($68k), Trenton Diocesan Council St Vincent Depaul Society Inc ($68k) and Martin Luther King Neighborhood Association ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,365 against liabilities of $0, net assets of $9,365.