Matthews Crossing

Analysis

Matthews Crossing is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in January 2006, 20 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 June 2024, Matthews Crossing reported income of $2.5m and spending of $2.4m, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.9m to $2.5m (-12%), an average of -2.6% a year. The sharpest change came in the year to June 2024, when income dropped by 32%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Matthews Crossing sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within AZ. Charities of a similar size with the same main cause include Friends of the Poor and Catherine McAuley Center ($2.5m), Associated Blind Foundation Inc ($2.5m) and Massena Independent Living Center ($2.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $263k. At year end it held assets of $496k against liabilities of $7,125, net assets of $489k. It reported 9 employees.