Matrix a Parent Network and Resource Center

Analysis

Matrix a Parent Network and Resource Center is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in August 1981, 45 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 June 2023, Matrix a Parent Network and Resource Center reported income of $900k and spending of $951k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $780k to $900k (+15%), an average of +3.7% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Matrix a Parent Network and Resource Center sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include A01 Foundation Inc ($900k), Vermont Congregational Home Inc ($900k) and Community Pantry ($900k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.8% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $156k (16% of expenses). Other salaries and wages came to $384k. It paid $9,220 in professional fundraising fees. At year end it held assets of $463k against liabilities of $368k, net assets of $95k. It reported 22 employees.