Bessie Mathew Foundation Inc

Analysis

Bessie Mathew Foundation Inc is a registered charity in United States, based in Warrington, PA. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Bessie Mathew Foundation Inc reported income of $77k and spending of $37k, leaving 52% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $106k to $77k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 25% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bessie Mathew Foundation Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within PA. Charities of a similar size with the same main cause include LCMC Endowment Fund Inc ($77k), Gulf Coast Down Syndrome Society Inc ($77k) and Hope for Tomorrow Community Resources Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $137k against liabilities of $0, net assets of $137k.