Nonprofit · EIN 22-2967513
MATTHEW 25 INC
Tax-exempt · WORCESTER, MA 01610
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $536,740 | $374,596 | $162,144 | $2,581,954 | $78,542 | $2,503,412 |
| June 30, 2024 | 990 | $369,854 | $324,610 | $45,244 | $2,338,653 | $64,318 | $2,274,335 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $288,656
- of which government grants
- $150,000
- Program service revenue
- $237,267
- Investment income
- $10,817
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $5,944
- Salaries, compensation and benefits (total)
- $6,433
- Professional fundraising fees
- $0
- Accounting fees
- $12,000
- Depreciation
- $74,737
- Program services (functional)
- $345,748
- Management and general (functional)
- $28,702
- Fundraising (functional)
- $146
Balance sheet and other
- Total assets, start of year
- $2,338,653
- Total assets, end of year
- $2,581,954
- Total liabilities, end of year
- $78,542
- Net assets, end of year
- $2,503,412
- Land, buildings and equipment
- $1,463,993
- Net assets without donor restrictions
- $2,200,584
- Net assets with donor restrictions
- $302,828
- Gross receipts
- $536,740
- Employees
- 1
- Volunteers
- 110
- Year formed
- 1988
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Seth Roman | Director Trustee or director | 1 | $0 |
| Jared J Madison | Director Trustee or director | 1 | $0 |
| Frederick Enman | Executive Director Trustee or director, Officer | 15 | $0 |
| Mark Ferrari | Treasurer Trustee or director, Officer | 4 | $0 |
| Margaret Bramley | President Trustee or director, Officer | 4 | $0 |
| Mark Henderson | Clerk Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mark Mullaney | Director Trustee or director | 1 | $0 |
| Jared J Madison | Director Trustee or director | 1 | $0 |
| Jonathan Mora | Director Trustee or director | 1 | $0 |
| Seth Roman | Director Trustee or director | 1 | $0 |
| Mark Ferrari | Treasurer Trustee or director, Officer | 4 | $0 |
| Frederick Enman | Executive Director Trustee or director, Officer | 15 | $0 |
| Mark Henderson | Clerk Trustee or director, Officer | 1 | $0 |
| Margaret Bramley | President Trustee or director, Officer | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 52 QUEEN ST, WORCESTER, MA 01610-1437
- In care of
- % MARK FERRARI
- Principal officer (990 for 2024)
- Frederick Enman, 52 Queen Street, Worcester, MA 01610
- Signed the 990
- MARK FERRARI, Treasurer
- Phone
- (508) 757-5189
- Website
- matt25.org
- Return prepared by
- McCullough & Associates
Mission
Purchase and renovate distressed residential properties. Rent renovated properties to low income individuals and families. Food and other relief for the poor.
Program accomplishments
- Provide housing, food and other services to people in need.Expenses $345,748 · revenue $237,267
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 22-2967513
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1989
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,581,954
- Income (IRS master file)
- $536,740
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $536,740 | $374,596 | $2,581,954 | XML |
| 990 | June 2024 | $369,854 | $324,610 | $2,338,653 | XML |
| 990 | June 2023 | $416,885 | $323,880 | $2,250,421 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2967513).
Questions about MATTHEW 25 INC
- What is the EIN of MATTHEW 25 INC?
- The employer identification number (EIN) of MATTHEW 25 INC is 22-2967513.
- Is MATTHEW 25 INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to MATTHEW 25 INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MATTHEW 25 INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MATTHEW 25 INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MATTHEW 25 INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MATTHEW 25 INC?
- The 990 for the year ended June 30, 2025 names Frederick Enman.
- Who are the officers and directors of MATTHEW 25 INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does MATTHEW 25 INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $536,740, expenses of $374,596 and total assets of $2,581,954 at year end.
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