Food, Agriculture & Nutrition
(K30)
IRS Verified
DX Registered
990 on File
MATTHEWS MINISTRY INC
Financial strength (30%)
81/100
Reliability (20%)
50/100
Effectiveness (25%)
90/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Eliminate weekend and non-school day hunger for Brunswick County’s chronically hungry school children by providing a Backpack of nutritional food for the weekend when school food aid programs are not available. To encourage and support partnerships, collaboration and resources in order to assure sustainability of the program.
Financial Overview — FY 2024
$335K
Total Revenue
$258K
Total Expenses
$859K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
82.5%
Fundraising Efficiency
0.0%
Operating Reserve
40.01x
Liability-to-Asset
0.3%
Revenue Diversification
82.5%
Compared with Peers
FY 2024
Compared with 1,857 similar organizations
(United States, Food, Agriculture & Nutrition, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
82.5% | 89.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
17.6% | 7.6% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 13.4% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
40.0 mo | 10.9 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.3% | 0.6% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
82.5% | 96.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-24.4% | 10.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.0% | 10.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
23.2% | 4.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $335K | $258K | $859K | 82.5% | 1 |
| 2023 | $443K | $245K | $789K | 82.2% | 1 |
| 2022 | $274K | $252K | $576K | 82.8% | 0 |
| 2021 | $267K | $186K | N/A | — | 0 |
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