Mtec International

Analysis

Mtec International is a registered charity in United States, based in Slippery Rock, PA. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Mtec International reported income of $106k and spending of $79k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $106k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mtec International sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within PA. Charities of a similar size with the same main cause include Healing Hearts Cafe Inc ($106k), Cleftrock Christian Minstries Inc ($106k) and Ephesians 4 12 Ministries Inc ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.