Frenz Matter

Analysis

Frenz Matter is a registered charity in United States, based in Victorville, CA. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Frenz Matter reported income of $125k and spending of $125k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $59k to $125k (+114%), an average of +46% a year. The sharpest change came in the year to December 2022, when income rose by 93%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Frenz Matter sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Oaks of Mamre Shelter Inc ($125k), Neighborhood Building Corporation ($126k) and Boulevard Apartments Inc ($125k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.