Mattingly Edge Inc

Analysis

Mattingly Edge Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in September 1967, 59 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mattingly Edge Inc reported income of $2.0m and spending of $2.7m, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $2.0m (+53%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 59%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mattingly Edge Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within KY. Charities of a similar size with the same main cause include Victorious Children Foster Family Agency ($2.0m), Community Venture Foundation ($2.0m) and Global Community Institute ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $114k against liabilities of $431k, net assets of -$317k. It reported 62 employees.