Matan B-Seter

Analysis

Matan B-Seter is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in October 1989, 37 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, Matan B-Seter reported income of $464k and spending of $446k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $234k to $464k (+98%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Matan B-Seter sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include The Alfred Montessori School ($463k), Grassroot Projects ($464k) and National Church Residences ($463k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $149k against liabilities of $0, net assets of $149k.