Community Matters

Analysis

Community Matters is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2024, Community Matters reported income of $2.5m and spending of $2.0m, spending 81% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.0m to $2.5m (+27%), an average of +4.9% a year. The sharpest change came in the year to June 2022, when income rose by 63%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Matters sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Potlikker Capital ($2.5m), Southeast Neighborhood Development Inc ($2.5m) and Rise Together Innovation Center Inc ($2.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $145k (7.2% of expenses). Other salaries and wages came to $705k. At year end it held assets of $1.3m against liabilities of $172k, net assets of $1.1m. It reported 17 employees.