Mt25 Inc

Analysis

Mt25 Inc is a registered charity in United States, based in Coleman, TX. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Mt25 Inc reported income of $68k and spending of $88k, spending 130% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $61k to $68k (+11%), an average of +5.2% a year. The sharpest change came in the year to December 2022, when income rose by 119%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mt25 Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Missing Dogs Massachusetts Corporation ($68k), Good Samaritan Thrift Store ($68k) and Santa Tim ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $169k against liabilities of $0, net assets of $169k.