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Matthews Retirement Center

Clarksdale, Mississippi · EIN 64-0693592 · Housing & Shelter · tax-exempt since 1988

D

Charity Clarity grade D (score 46.9 of 100), based on the Form 990 for the year ended December 2024.

Graded against 39,877 housing & shelter nonprofits with revenue $100K–$500K filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.-13.7 months0
GovernanceBoard independence, key policies and audit, per the 990.18% of practices18
Margin stabilityHow steady the surplus or deficit is year to year.82
Revenue spreadHow much revenue rests on one type of income.0% from one source100
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.98.1%not scored
Management costsShare of spending.1.9%not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

201620172018201920212022202320232024grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Dec 2024Form 990$433K$497K−$64K−$567K-13.70D
Dec 2023Form 990$399K$449K−$50K−$503K-13.40F
May 2023Form 990$427K$394K$33K−$453K-13.80D
May 2022Form 990$417K$435K−$18K−$486K-13.40D
May 2021Form 990$418K$455K−$36K−$460K-12.12D
May 2019Form 990$417K$386K$31K−$452K-14.13F
May 2018Form 990$409K$458K−$50K−$483K-12.63D
May 2017Form 990$376K$373K$2,273−$434K-13.92D
May 2016Form 990$384K$378K$5,976−$436K-13.82D

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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