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Tennessee · Nonprofit

MATTHEW 25 INC

MATTHEW 25 INC (Tennessee) receives grants from 28 organizations whose IRS filings report $846,158 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($173,550). 18 of them have funded it in more than one year.

Revenue FY2025
$1.3M
Funders on record
28
Grants received
$846k
Net assets
$-44803
18/28 repeat funderspeak grant-dependency 17%
01What it does

What Matthew 25 Inc does

Mission

We are determined to alleviate homelessness by providing the resources for men to build a foundation on which they can transition to self-sufficiency. Continued on schedule o...

As stated on its FY2025 Form 990.

Programs

  1. Transitional housing program for individuals & veterans: matthew 25, in cooperation with the department of veterans affairs ("va"), va homeless services, the substance abuse treatment program, and various additional va, employment, and community service agencies, has a program in place to assist homeless individuals and veterans increase self sufficiency, foster self determination, and achieve residential stability. Our service- intensive transitional housing program offers men comprehensive supportive services that enable them to return to independent living and obtain employment. Continued on schedule o...

    $1,199,947 spent$875,570 earned by the program
    95% of program spending
  2. Progressive housing: our progressive housing program is built for men who have completed a transitional housing program, but may not be ready for completely independent living. While not as intensive or structured as our transitional program, progressive housing offers men assistance and guardrails to stay on track as they move towards the goal of permanent housing. This is an ideal program for men who 1) are doing well in recovery, but feel they can still benefit from a small degree of structure and accountability, or 2) have a significant barrier to housing such as an eviction or felony, and could benefit from case management to help work through these issues. Continued on schedule o...

    $59,292 spent$75,662 earned by the program
    5% of program spending
  3. Aftercare case management: our aftercare case management program is for veterans who were previously homeless & are transitioning into permanent housing from programs such as grant per diem or the va's healthcare for homeless veterans contracted residential services program. We also accept & assist veterans who are coming from non-va transitional housing programs. This program aims to improve retention of housing by providing veterans with individualized case management, providing knowledge, referrals & other components to help the veteran thrive once housing is secured. Men receive home visits at least once every three months, as well as education in finance and budgeting, tenant rights and lease agreements, & meal/food security planning. 13 veterans served during the fiscal year.

    $3,581 spent
    0% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,262,820.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($646k) Expenses 100 ($619k) Net assets 100 ($142k)2018 Revenue 99 ($640k) Expenses 99 ($614k) Net assets 119 ($168k)2019 Revenue 102 ($661k) Expenses 104 ($647k) Net assets 129 ($182k)2020 Revenue 105 ($679k) Expenses 121 ($746k) Net assets 81 ($115k)2021 Revenue 117 ($759k) Expenses 138 ($852k) Net assets 16 ($22k)2022 Revenue 143 ($923k) Expenses 148 ($914k) Net assets 22 ($31k)2023 Revenue 172 ($1.1M) Expenses 187 ($1.2M) Net assets -16 ($-23216)2024 Revenue 217 ($1.4M) Expenses 210 ($1.3M) Net assets 55 ($78k)2025 Revenue 202 ($1.3M) Expenses 231 ($1.4M) Net assets -32 ($-44803)
'17'18'19'20'21'22'23'24'25
Revenue (202)Expenses (231)Net assets (-32)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $271k to $173k (−36%).

$191k
$214k
$235k
$271k
$173k
$156k
$118k
$179k
$126k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 60% · 2018 61% · 2019 56% · 2020 64% · 2021 64% · 2022 57% · 2023 60% · 2024 60% · 2025 64%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$27k
’17
$25k
’18
$14k
’19
−$67k
’20
−$93k
’21
$9k
’22
−$51k
’23
$106k
’24
−$123k
’25
0.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed11118141111101013
Joined·+1+0+7+1+1+0+1+3
No longer listed·13141110
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 11 funders, grant income rose $16k → $131k.

5 of 28 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 35% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of MATTHEW 25 INC’s funders (the co-funder graph). Top 26 of 28 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

MATTHEW 25 INC has a broad base — no single funder exceeds 21% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

50% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MATTHEW 25 INC.

21%
largest funder
38%
top three
~11
effective funders

Largest funder’s share by year: 2017 42% · 2018 62% · 2019 44% · 2020 41% · 2021 25% · 2022 26% · 2023 28% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of MATTHEW 25 INC's funders are still giving 3 years after their first grant; 64% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

76% of MATTHEW 25 INC's grant income comes from Tennessee funders.

IL
MO
TN
NC
GA

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Tennessee out of state home

Funder states come from each funder’s own filing. $293k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Government funding MATTHEW 25 INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $4.8M on record.

Federal$4.8M
grants $4.8Mcontracts $0
17
18
19
20
21
22
23
25
Top agencies
  • Department of Veterans Affairs$4.8M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like MATTHEW 25 INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Tennessee

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 10%Fundraising 2%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

TN

Screen this organization

A dated, signed PDF of the compliance screen for MATTHEW 25 INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MATTHEW 25 INC?
MATTHEW 25 INC (Tennessee) receives grants from 28 organizations whose IRS filings report $846,158 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($173,550). 18 of them have funded it in more than one year.
How many funders does MATTHEW 25 INC have?
IRS filings report 28 organizations giving $846,158 in grants to MATTHEW 25 INC, 18 of which have funded it in more than one year.
Who is the largest funder of MATTHEW 25 INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $173,550 in grants. The full list of funders is on this page.
How can an organization like MATTHEW 25 INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Matthew 25 →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 28 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing