Significant Matters Inc

Analysis

Significant Matters Inc is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in December 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, Significant Matters Inc reported income of $366k and spending of $70k, leaving 81% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $342k to $366k (+7.0%), an average of +3.5% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 34% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Significant Matters Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within KS. Charities of a similar size with the same main cause include Muslim Center of Somerset County ($366k), Hardwick Area Food Pantry Inc ($366k) and Lucky Dog Thrift Store Inc ($366k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $61k (88% of expenses). At year end it held assets of $685k against liabilities of $0, net assets of $685k. It reported 1 employees.