Matthews Hope Foundation

Analysis

Matthews Hope Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2017, 9 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 (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 2022, Matthews Hope Foundation reported income of $1.5m and spending of $1.3m, spending 82% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $452k to $1.5m (+239%), an average of +84% a year. The sharpest change came in the year to December 2021, when income rose by 187%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Matthews Hope Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include The Stone Research Foundation for Sports Medicine and Arthritis ($1.5m), Horizons Community Solutions Inc ($1.5m) and Water Street Health Services ($1.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 49% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $199k (16% of expenses). Other salaries and wages came to $441k. At year end it held assets of $406k against liabilities of $90k, net assets of $316k. It reported 13 employees.