MTZ Charity Inc
Analysis
MTZ Charity Inc is a registered charity in United States, based in Spring, TX. 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 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, MTZ Charity Inc reported income of $213k and spending of $960, leaving 100% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $227k to $213k (-6.2%), an average of -2.1% a year. The sharpest change came in the year to December 2022, when income dropped by 48%. Over the whole period it spent 0.7% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, MTZ Charity Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Apollos Project ($213k), Proclaim Jesus ($213k) and Urban Resurrection Community ($213k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 2.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Apollos Project | Exeter | $213k |
| Proclaim Jesus | Forest City | $213k |
| Urban Resurrection Community | Columbus | $213k |
| The Dickey Foundation | Plano | $213k |