NonprofitsMatthew 25 Inc

Matthew 25 Inc

WORCESTER, MA

Total revenue

$537K

Total expenses

$375K

Net assets

$2.5M

Grants received

$231K

24 grants

EIN

222967513

Tax year

2024

Mission

Purchase and renovate distressed residential properties. Rent renovated properties to low income individuals and families. Food and other relief for the poor.

Financials

FY 2024

Revenue

Contributions & grants$289K
Program service revenue$237K
Investment income$11K
Other revenue
Total revenue$537K

Expenses

Grants paid
Salaries & benefits$6K
Fundraising$146
Other expenses$368K
Total expenses$375K
Total assets$2.6M
Net assets$2.5M

People

6 listed

NameRoleCompensation

Seth Roman

Director

Board

1 hrs/wk

Jared J Madison

Director

Board

1 hrs/wk

Frederick Enman

Executive Director

Board

15 hrs/wk

Mark Ferrari

Treasurer

Board

4 hrs/wk

Margaret Bramley

President

Board

4 hrs/wk

Mark Henderson

Clerk

Board

1 hrs/wk

Grants received

Showing 24 of 24

FromAmountPurposeYear
$2K
UNRESTRICTED / GENERAL
2024
$21K
For grant recipient's exempt purposes
2023
$3K
FURTHER TAX EXEMPT PURPOSE
2023
$2K
EDUCATIONAL, RELIGIOUS OR SOCIAL SERVICES PURPOSES
2023
$22K
For grant recipient's exempt purposes
2022
$15K
TO FURTHER EDUCATION
2022
$15K
UNRESTRICTED GENERAL SUPPORT
2022
$1K
EDUCATIONAL, RELIGIOUS OR SOCIAL SERVICES PURPOSES
2022
$250
PROGRAM/OPERATING SUPPORT
2022
$19K
For grant recipient's exempt purposes
2021
$19K
For grant recipient's exempt purposes
2021
$10K
GENERAL SUPPORT
2021
$1K
EDUCATIONAL, RELIGIOUS OR SOCIAL SERVICES PURPOSES
2021
$17K
For grant recipient's exempt purposes
2020
$1K
EDUCATIONAL, RELIGIOUS OR SOCIAL SERVICE PURPOSES
2020
$50
GENERAL PURPOSE
2020
$19K
For grant recipient's exempt purposes
2019
$5K
PLEASANT STREET AFFORDABLE HOUSING PROJECT
2019
$25K
For grant recipient's exempt purposes
2018
$4K
To provide housing, food, and other related services to people in need.
2018
$15K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$231K from 12 funders · 24 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$156K · 8 grants · 2017–2023

Greater Worcester Community Foundation

$15K · 3 grants · 2019–2023

The George I Alden Trust

$15K · 1 grant · 2022

Kuhne Charles Char Fdn Tw

$10K · 1 grant · 2021

Lauring Charitable Foundation

$5K · 4 grants · 2020–2023

The Pocono Charitable Foundation

$4K · 1 grant · 2018

Details

EIN222967513
Subsection03
Ruling date1989-05
Formed1988
Employees1
Volunteers110
MATTHEW 25 INC — Mission, Financials & Grants Received | Grantivo