Matthew 28 Foundation

Analysis

Matthew 28 Foundation is a registered charity in United States, based in Alta Loma, CA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Matthew 28 Foundation reported income of $61k and spending of $154k, spending 253% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $61k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 143% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Matthew 28 Foundation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Nevada County Group Home Inc ($61k), Tiny Dance Life ($61k) and Beaverbrook Homes Inc ($61k).

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 $8,507 against liabilities of $0, net assets of $8,507.