Mitzvah Matters Inc
Analysis
Mitzvah Matters Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Mitzvah Matters Inc reported income of $345k and spending of $336k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $205k to $345k (+69%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 96% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Mitzvah Matters Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Circlewood ($345k), Kevin Cooley Ministries Inc ($345k) and Rooted Pastors Inc ($345k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $68k (20% of expenses). Other salaries and wages came to $19k. At year end it held assets of $133k against liabilities of $70k, net assets of $62k.
Income and spending
Where the income comes from
- Contributions & grants 57%
- Program services 43%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Circlewood | Camano Island | $345k |
| Kevin Cooley Ministries Inc | Mobile | $345k |
| Rooted Pastors Inc | Van Buren TWP | $345k |
| Precious Present Truth Inc | Laurel | $345k |