Matthew 25 Inc
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Matthew 25 Inc meets the 20 Standards for Charity Accountability.
Stated Purpose:
Year, State Incorporated:
1980, IN
Matthew 25 Health and Care is a gospel-inspired healthcare center that provides high-quality medical, dental, vision, and mental health services at no charge to low-income, uninsured adults in Northeast Indiana and Northwest Ohio. We are supported solely by donations, grants, and foundations. Inspired by the Bible verses for which we are named, we offer hope to the most vulnerable in our community—treating them with compassion and dignity, regardless of background or beliefs.
For the year ended September 30, 2023, Matthew 25 Inc's program expenses were:
| Programs | $7,907,748 |
| Total Program Expenses | $7,907,748 |
Chief Executive
Michelle Creager, CEO
Compensation*
$149,537
Chair of the Board
Wil Smith, Community Volunteer
Chair's Profession / Business Affiliation
Board Size
18
Paid Staff Size
32
* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Matthew 25 Inc's audited financial statements for the year ended September 30, 2023.
Source of Funds
| Contributions of Nonfinancial Assets | $5,380,976 |
| Contributions | $2,289,863 |
| Gain On Investments and Beneficial Interest | $420,089 |
| Investment Income | $128,629 |
| Voluntary Co-Pays and Donations | $51,270 |
| Dental Appliance Fees | $36,708 |
| Special Events | $2,621 |
| Loss on Disposal of Fixed Assets | $-6,888 |
| Total Income | $8,303,268 |
Programs: 94% Fundraising: 2% Administrative: 3%
| Total Income | $8,303,268 |
| Total expenses: | $8,374,373 |
| Program expenses | $7,907,748 |
| Fundraising expenses | $178,395 |
| Administrative expenses | $288,230 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-71,105 |
| Beginning Net Assets | $8,056,111 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $7,985,006 |
| Total Liabilities | $346,927 |
| Total Assets | $8,331,933 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Serving Northern Indiana