Matthew House Az Inc

Analysis

Matthew House Az Inc is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Matthew House Az Inc reported income of $403k and spending of $397k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $182k to $403k (+121%), an average of +49% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Matthew House Az Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within AZ. Charities of a similar size with the same main cause include Drma Foundation ($403k), Nsa Educational Learning Center ($403k) and Exceptional Education Outreach Inc ($403k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $28k (7.0% of expenses). Other salaries and wages came to $45k. It paid $8,400 in professional fundraising fees. At year end it held assets of $175k against liabilities of $15k, net assets of $160k. It reported 5 employees.