MTF Fund
Analysis
MTF Fund is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, MTF Fund reported income of $3.8m and spending of $3.9m, spending 102% of its income. Across the 6 years on record, from December 2018 to September 2023, income grew from $2.9m to $3.8m (+31%), an average of +5.5% a year. The sharpest change came in the year to September 2023, when income rose by 35076%. Over the whole period it spent 95% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, MTF Fund sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within KS. Charities of a similar size with the same main cause include Christian Pentecostal After School Program Inc ($3.8m), Mixteca Organization Inc ($3.8m) and Haven-Violence Prevention and Support Services ($3.8m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $823k (21% of expenses). Other salaries and wages came to $737k. At year end it held assets of $1.5m against liabilities of $247k, net assets of $1.3m.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 0.5%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Christian Pentecostal After School Program Inc | Irvington | $3.8m |
| Mixteca Organization Inc | Brooklyn | $3.8m |
| Haven-Violence Prevention and Support Services | Portsmouth | $3.8m |
| Arcadia Home Health Services | Honolulu | $3.8m |