Hands Across Mathews Interfaith Ser

Analysis

Hands Across Mathews Interfaith Ser is a registered charity in United States, based in Mathews, VA. It received its IRS tax-exemption ruling in July 1988, 38 years ago. 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 September 2023, Hands Across Mathews Interfaith Ser reported income of $183k and spending of $193k, spending 105% of what it took in. Across the 3 years on record, from September 2020 to September 2023, income fell from $208k to $183k (-12%), an average of -6.2% a year. The sharpest change came in the year to September 2022, when income dropped by 15%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hands Across Mathews Interfaith Ser sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within VA. Charities of a similar size with the same main cause include American Society of Civil Engineers ($183k), Green Mill Sportsmans Club ($183k) and Theta Charity Events Inc ($183k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.