Father Matters Inc
Analysis
Father Matters Inc is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Father Matters Inc reported income of $230k and spending of $273k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $225k to $230k (+2.6%), an average of +2.6% a year. Over the whole period it spent 98% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Father Matters Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within AZ. Charities of a similar size with the same main cause include Endless Mountain Music Festival ($230k), North Lincoln High School Band Boosters Association Inc ($230k) and Purple Silk Music Education Foundation Inc ($230k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $24k (8.8% of expenses). At year end it held assets of $147k against liabilities of $0, net assets of $147k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 1.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Endless Mountain Music Festival | Wellsboro | $230k |
| North Lincoln High School Band Boosters Association Inc | Lincolnton | $230k |
| Purple Silk Music Education Foundation Inc | Oakland | $230k |
| Kulture Klub Collaborative | Minneapolis | $230k |