Matthew 25 Incorporated

Analysis

Matthew 25 Incorporated is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in September 1986, 40 years ago. 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, Matthew 25 Incorporated reported income of $1.1m and spending of $1.2m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $661k to $1.1m (+68%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Matthew 25 Incorporated sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within TN. Charities of a similar size with the same main cause include Childrens Therapy Center of the Quad Cities NFP ($1.1m), Nami of Southern Nevada ($1.1m) and New Heart Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 8.3% of the total. Compensation of current officers, directors and key employees was $100k (8.6% of expenses). Other salaries and wages came to $547k. At year end it held assets of $118k against liabilities of $141k, net assets of -$23k. It reported 25 employees.