Your Money Matters

Analysis

Your Money Matters is a registered charity in United States, based in Auburn, WA. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Your Money Matters reported income of $564k and spending of $546k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $360k to $564k (+57%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Your Money Matters 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 72nd percentile, and in the 71st percentile within WA. Charities of a similar size with the same main cause include Katy Isd Education Foundation Inc ($564k), Vandegrift High School Band Booster Club ($564k) and Crossroads School ($564k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $128k (23% of expenses). Other salaries and wages came to $82k. At year end it held assets of $306k against liabilities of $45k, net assets of $261k. It reported 4 employees.