Community Matters 2 Inc

Analysis

Community Matters 2 Inc is a registered charity in United States, based in Poughkeepsie, NY. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Community Matters 2 Inc reported income of $144k and spending of $175k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $144k (+88%), an average of +88% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Matters 2 Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Russ Lyon Charitable Foundation ($144k), Junior League of Morristown N J Inc ($144k) and Westhoff Community Club ($144k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.