Matthews 6 20 Foundation

Analysis

Matthews 6 20 Foundation is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Matthews 6 20 Foundation reported income of $646k and spending of $543k, spending 84% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $9,791 to $646k (+6499%), an average of +131% a year. The sharpest change came in the year to December 2021, when income rose by 336%. Over the whole period it spent 145% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Matthews 6 20 Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CO. Charities of a similar size with the same main cause include New Wind Inc ($646k), New Mt Calvary Christian Center ($646k) and Family Life Education Foundation ($646k).

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 $1.1m against liabilities of $0, net assets of $1.1m.