Matthew House

Analysis

Matthew House is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 House reported income of $1.5m and spending of $1.6m, spending 109% of what it took in. Across the 6 years on record, from September 2018 to September 2023, income fell from $1.5m to $1.5m (-0.7%), an average of -0.1% a year. The sharpest change came in the year to September 2021, when income rose by 28%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Matthew House 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 83rd percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include First Place-Phoenix Catalina ($1.5m), Gouverneur Court Housing Development Fund Corporation ($1.5m) and Four States Christian Missons Inc ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $506k. At year end it held assets of $526k against liabilities of $460k, net assets of $67k.