Matthews Alive Inc

Analysis

Matthews Alive Inc is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in August 2010, 16 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Matthews Alive Inc reported income of $537k and spending of $492k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $536k to $537k (+0.0%), an average of +0.0% a year. The sharpest change came in the year to December 2022, when income rose by 880205%. Over the whole period it spent 96% 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 Alive Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Adirondack Lakes Center for the Arts ($536k), Latin Americans Working for Achievement ($537k) and Fargo Moorhead Opera Company ($536k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $243k against liabilities of $27k, net assets of $216k.