Dignity Matters Inc

Analysis

Dignity Matters Inc is a registered charity in United States, based in Hopkinton, MA. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Dignity Matters Inc reported income of $1.5m and spending of $1.4m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $420k to $1.5m (+250%), an average of +37% a year. The sharpest change came in the year to December 2020, when income rose by 78%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dignity Matters Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Grace C Mae Advocate Center Inc ($1.5m), Uplift Afghanistan ($1.5m) and Precinct2gether Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $128k (9.0% of expenses). At year end it held assets of $1.3m against liabilities of $23k, net assets of $1.3m. It reported 1 employees.