Matthew Project Inc

Analysis

Matthew Project Inc is a registered charity in United States, based in Brookfield, WI. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 January 2024, Matthew Project Inc reported income of $941k and spending of $907k, spending 96% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $249k to $941k (+278%), an average of +40% a year. The sharpest change came in the year to January 2022, when income rose by 170%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Matthew Project Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WI. Charities of a similar size with the same main cause include Sebastianstrong Foundation ($940k), Commonwealth Health Free Clinic Inc ($941k) and Mental Health Association of Central Florida Inc ($940k).

On its Form 990 for the period ending January 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $83k. At year end it held assets of $69k against liabilities of $0, net assets of $69k. It reported 2 employees.