The Matthew 25 Project Inc

Analysis

The Matthew 25 Project Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in January 2001, 25 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 (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, The Matthew 25 Project Inc reported income of $58k and spending of $73k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $99k to $58k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Matthew 25 Project Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within AZ. Charities of a similar size with the same main cause include Rockland Community Development Center Inc ($58k), Fibromyalgia Care Society of America Inc ($58k) and Grad Night Boosters ($58k).

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 $30k against liabilities of $0, net assets of $30k.