Matthew 25 Ministries
- Assets
- $470.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Harmony, NC
- Founding
- 06/2007
- Data as of
- 02/2022
- EIN
- 16-1767339
Organization Overview
Matthew 25 Ministries is located in Harmony, NC. The organization was established in 2007. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Matthew 25 Ministries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 02/2022, Matthew 25 Ministries generated $169.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $113.4k during the year ending 02/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Hutchins Director | 5 | $0 | |
Clyde Parks Chairman | 10 | $0 | |
Jerry Turner Vice Chairma | 5 | $0 | |
Scott Branch Director | 5 | $0 | |
Tamara Eckles Director | 5 | $0 | |
Ben Shelton Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $166,199 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$1,116 |
| Net Income from Gaming & Fundraising | $3,990 |
| Other Revenue | $126 |
| Total Revenue | $169,199 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,686 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $20,539 |
| Printing, publications, postage, and shipping | $225 |
| Other expenses | $76,949 |
| Total expenses | $113,399 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $149,217 |
| Other assets | $0 |
| Total assets | $470,849 |
| Total liabilities | $243 |
| Net assets or fund balances | $470,606 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Matthew 25 Ministries has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Bailey Family Foundation Inc Vero Beach, FL PURPOSE: CHARITABLE PURPOSES | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Soles 4 Souls Old Hickory, TN | $32,677,835 | $92,759,575 |
Thdf Ii Inc Atlanta, GA | $179,301,928 | $109,861,621 |
United Food Force Inc Mcdonough, GA | $2,007,344 | $13,651,508 |
Crisis Assistance Ministry Charlotte, NC | $9,210,179 | $12,946,602 |
Urban Ministries Of Wake County Inc Raleigh, NC | $7,262,423 | $11,747,038 |
Hca Hope Fund Nashville, TN | $21,200,285 | $11,328,129 |
North Fulton Community Charities Inc Roswell, GA | $11,894,105 | $9,822,757 |
Mercy Chefs Inc Portsmouth, VA | $5,186,203 | $10,305,611 |
Together Rising Falls Church, VA | $3,141,872 | $7,574,993 |
Graceworks Ministries Inc Franklin, TN | $5,757,602 | $9,107,244 |
The Center For Family Resources Inc Marietta, GA | $3,412,600 | $7,984,553 |
Food For Others Inc Fairfax, VA | $7,441,575 | $8,993,169 |