Matthew 25 Farm Inc

Analysis

Matthew 25 Farm Inc is a registered charity in United States, based in Tully, NY. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Matthew 25 Farm Inc reported income of $52k and spending of $147k, spending 284% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $57k to $52k (-8.5%), an average of -4.3% a year. The sharpest change came in the year to December 2022, when income rose by 365%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Matthew 25 Farm Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Orange Grove Development No Five Inc ($52k), Feeding Mouths Filling Minds Inc ($52k) and Treasure of Hope Inc ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $371k against liabilities of $0, net assets of $371k.