Matthews Living History Farm Foundation

Analysis

Matthews Living History Farm Foundation is a registered charity in United States, based in Galax, VA. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Matthews Living History Farm Foundation reported income of $209k and spending of $79k, leaving 62% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $116k to $209k (+79%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 47% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Matthews Living History Farm Foundation sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Dallas Asian American Youth Orchestra ($209k), South Bossier Bosster Club ($209k) and Hillforest Historical Foundation Inc ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $60k. At year end it held assets of $534k against liabilities of $0, net assets of $534k.