Matrix Lifecare Center Inc Bravely Womens Health

Analysis

Matrix Lifecare Center Inc Bravely Womens Health is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in December 1979, 47 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 December 2023, Matrix Lifecare Center Inc Bravely Womens Health reported income of $1.1m and spending of $1.2m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $827k to $1.1m (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Matrix Lifecare Center Inc Bravely Womens Health sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within IN. Charities of a similar size with the same main cause include Interfaith Center of New York Inc ($1.1m), Waseca Learning Environment Inc ($1.1m) and Apc Ministries Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $154k (13% of expenses). Other salaries and wages came to $522k. At year end it held assets of $1.3m against liabilities of $601k, net assets of $699k. It reported 23 employees.