My Life Matters Inc

Analysis

My Life Matters Inc is a registered charity in United States, based in Roxboro, NC. It received its IRS tax-exemption ruling in August 2016, 10 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, My Life Matters Inc reported income of $1.1m and spending of $978k, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $713k to $1.1m (+58%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, My Life Matters Inc 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 81st percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Double Edge Theatre Productions Incorporated ($1.1m), Tualatin Hills Swim Club ($1.1m) and Habitat for Humanity International Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $516k. At year end it held assets of $836k against liabilities of $15k, net assets of $820k. It reported 14 employees.