Matthias Media Ministries

Analysis

Matthias Media Ministries is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Matthias Media Ministries reported income of $592k and spending of $576k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $246k to $592k (+141%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 134%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Matthias Media Ministries 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 73rd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include Diocese of Colorado Springs Society of St Vincent de Paul ($592k), Ywam Emerge ($592k) and Gond Community Church ($592k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% of the total. Compensation of current officers, directors and key employees was $99k (17% of expenses). At year end it held assets of $330k against liabilities of $632, net assets of $330k. It reported 8 employees.