Operation Matt Inc

Analysis

Operation Matt Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, 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, Operation Matt Inc reported income of $61k and spending of $51k, spending 85% of its income. Across the 5 years on record, from December 2018 to December 2023, income fell from $254k to $61k (-76%), an average of -30% a year. The sharpest change came in the year to December 2021, when income rose by 139%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operation Matt Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within GA. Charities of a similar size with the same main cause include Cooking Well ($61k), One World Arts Incorporated ($61k) and Watertown Senior Activities Center ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $5,357. At year end it held assets of $84k against liabilities of $0, net assets of $84k.