Matthew 25 House Inc

Analysis

Matthew 25 House Inc is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 25 House Inc reported income of $83k and spending of $68k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $89k to $83k (-6.7%), an average of -1.7% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Matthew 25 House Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within IA. Charities of a similar size with the same main cause include Glad Valley Community Services Inc ($83k), Makoshika Wellness Inc ($83k) and National Institute of Govermental Purchasing Inc ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 14% of the total. At year end it held assets of $343k against liabilities of $350, net assets of $343k.