Matthews Help Center

Analysis

Matthews Help Center is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in March 1981, 45 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2023, Matthews Help Center reported income of $2.1m and spending of $1.6m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $2.1m (+108%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 95%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Matthews Help Center 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 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Union County Family Young Mens Christian Association ($2.1m), Robert & Janice McNair Educational Foundation ($2.1m) and St Francis Shelter ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $93k (5.7% of expenses). Other salaries and wages came to $409k. At year end it held assets of $2.5m against liabilities of $27k, net assets of $2.5m. It reported 16 employees.