Mattioli Foundation

Analysis

Mattioli Foundation is a registered charity in United States, based in Blakeslee, PA. It received its IRS tax-exemption ruling in May 1982, 44 years ago. 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 March 2024, Mattioli Foundation reported income of $2.2m and spending of $179k, leaving 92% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $81k to $2.2m (+2593%), an average of +128% a year. The sharpest change came in the year to March 2022, when income rose by 4003%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mattioli Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include Western Foothills Land Trust ($2.2m), Trinity Cooperative Day Nursery ($2.2m) and Because I Said I Would ($2.2m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m.