Matsu Council on Aging

Analysis

Matsu Council on Aging is a registered charity in United States, based in Palmer, AK. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover human services, 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, Matsu Council on Aging reported income of $156k and spending of $126k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $152k to $156k (+2.8%), an average of +2.8% a year. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Matsu Council on Aging sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 43rd percentile within AK. Charities of a similar size with the same main cause include Spirithorse Therapeutic Riding Center ($156k), Jewish Community Centers Endowment Foundation ($156k) and Band of Brothers Prison Ministry Inc ($156k).

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 $137k against liabilities of $0, net assets of $137k.