Mattersville

Analysis

Mattersville is a registered charity in United States, based in Arvada, CO. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Mattersville reported income of $256k and spending of $219k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $230k to $256k (+11%), an average of +11% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mattersville sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include New York State Honorary Fire Chiefs Association Inc ($256k), Community Housing Services ($256k) and Bartell Road Housing Development Fund Co Inc ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $12k (5.3% of expenses). At year end it held assets of $455k against liabilities of $0, net assets of $455k.