Mather Investments NFP

Analysis

Mather Investments NFP is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mather Investments NFP reported income of $48.4m and spending of $43.1m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $33.6m to $48.4m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mather Investments NFP sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Mercyfirst ($48.3m), Table to Table Inc ($48.4m) and Brethren Home Community ($48.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. Other salaries and wages came to $10.8m. At year end it held assets of $139.4m against liabilities of $145.5m, net assets of -$6.1m. It reported 313 employees.