Mat-Su Services for Children & Adults Inc

Analysis

Mat-Su Services for Children & Adults Inc is a registered charity in United States, based in Wasilla, AK. It received its IRS tax-exemption ruling in August 1985, 41 years ago. 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 June 2023, Mat-Su Services for Children & Adults Inc reported income of $6.0m and spending of $5.2m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.4m to $6.0m (-28%), an average of -7.9% a year. The sharpest change came in the year to June 2022, when income dropped by 28%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mat-Su Services for Children & Adults Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within AK. Charities of a similar size with the same main cause include Baptist Retirement Communities of Georgia ($6.0m), Habitat for Humanity International Inc ($6.1m) and Institute for Multicultural Counseling and Education Services ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 78% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $13.6m against liabilities of $506k, net assets of $13.1m. It reported 137 employees.