Matthew 25 Inc

Analysis

Matthew 25 Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in December 1980, 46 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Matthew 25 Inc reported income of $7.4m and spending of $7.9m, spending 107% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.7m to $7.4m (+29%), an average of +6.6% a year. The sharpest change came in the year to September 2021, when income rose by 48%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Matthew 25 Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IN. Charities of a similar size with the same main cause include West Tennessee Healthcare Foundation ($7.4m), Parrott Creek Child and Family Services ($7.4m) and Horizon Health Services Inc ($7.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $376k (4.7% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $8.3m against liabilities of $347k, net assets of $8.0m. It reported 49 employees.