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Michigan · Nonprofit

MATTHEW 2540 HEARTSIDE INC

MATTHEW 2540 HEARTSIDE INC (Michigan) receives grants from 31 organizations whose IRS filings report $846,922 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($130,700). 19 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$607k
Funders on record
31
Grants received
$847k
Net assets
$1.2M
19/31 repeat funderspeak grant-dependency 22%
01What it does

What Matthew 2540 Heartside Inc does

Mission

To show god's love by linking new and gently used clothing, housewares, furniture, appliances, and hygiene items with people in need.

As stated on its FY2025 Form 990.

Programs

  1. Providing new and gently used clothing, housewares, furniture, appliances and hygiene items to individuals and families in need at no cost to them.

    $258,573 spentof which $105,913 as grants$33,350 earned by the program
    41% of program spending
  2. Providing new back-to-school shoes to elementary students enrolled in kent county schools.

    $195,104 spent
    31% of program spending
  3. Provides personal hygiene items including shampoo, conditioner, soap, diapers and wipes to people in the community.

    $93,246 spent
    15% of program spending
  4. Pop-up shops allow for service to people throughout our community by taking necessities to different areas in west michigan. This eliminates the barrier of transportation for many people and also allows us to reach new populations who may be unfamiliar with in the image.

    $76,745 spent
    12% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $623,668.

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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($509k) Expenses 100 ($441k) Net assets 100 ($641k)2018 Revenue 97 ($495k) Expenses 100 ($442k) Net assets 108 ($693k)2019 Revenue 92 ($470k) Expenses 111 ($487k) Net assets 106 ($676k)2020 Revenue 198 ($1.0M) Expenses 100 ($439k) Net assets 194 ($1.2M)2021 Revenue 155 ($788k) Expenses 122 ($538k) Net assets 233 ($1.5M)2022 Revenue 117 ($594k) Expenses 124 ($547k) Net assets 241 ($1.5M)2023 Revenue 124 ($632k) Expenses 148 ($654k) Net assets 237 ($1.5M)2025 Revenue 119 ($607k) Expenses 170 ($747k) Net assets 186 ($1.2M)
'17'18'19'20'21'22'23'25
Revenue (119)Expenses (170)Net assets (186)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $761k to $1.3M (+66%).

$756k
$783k
$761k
$1.3M
$1.5M
$1.6M
$1.5M
$1.2M
'17'18'19'20'21'22'23'25
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
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 5%. Grants only. Government contracts and fees sit inside program revenue.

92% of MATTHEW 2540 HEARTSIDE INC’s revenue is contributions — more donation-reliant than the typical peer (73% for the typical peer).

This organization
Typical peer · 1,446 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$68k
’17
$52k
’18
−$17k
’19
$569k
’20
$250k
’21
$47k
’22
−$22k
’23
−$140k
’25
7.7
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.

Chief executive

Ashley Lubbers

Executive director

Board chair

Kevin Schafer

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2022 and FY2023 filings.

'17'18'19'20'21'22'23'25
Listed1087779109
Joined·+4+5+0+0+4+2·
No longer listed·660021·
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 11 funders to 15 funders, grant income rose $64k → $99k.

8 of 31 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 59% 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 2540 HEARTSIDE INC’s funders (the co-funder graph). Top 29 of 31 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 2540 HEARTSIDE INC has a broad base — no single funder exceeds 15% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

64% 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 2540 HEARTSIDE INC.

15%
largest funder
43%
top three
~11
effective funders

Largest funder’s share by year: 2017 31% · 2018 44% · 2019 32% · 2020 22% · 2021 14% · 2022 20% · 2023 24% — 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

63% of MATTHEW 2540 HEARTSIDE INC's funders are still giving 3 years after their first grant; 61% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

59% of MATTHEW 2540 HEARTSIDE INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $347k that is directly attributable, 97% of it comes from Michigan funders.

MI
NY
PA
FL

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

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

Funder states come from each funder’s own filing. $500k arriving through sponsors registered in 8 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

Against its field

MATTHEW 2540 HEARTSIDE INC is better cushioned than half of the 850 unclassified nonprofits its size.

Operating margin−23% · bottom quartile
Months of reserve7.7mo · above the median
Revenue growth (annualized)2% · below the median

this organization peer median middle 50% of peers· 850 unclassified nonprofits $100k–$1M, FY2025

Organizations like MATTHEW 2540 HEARTSIDE 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 Michigan

Nationally

05Profile & governance

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

Where the money goes

83% of spending goes to programs.

Program 83%Management 8%Fundraising 9%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

94%

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

Footprint & structure

Files a return copy in 1 state

MI

Screen this organization

A dated, signed PDF of the compliance screen for MATTHEW 2540 HEARTSIDE 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 2540 HEARTSIDE INC?
MATTHEW 2540 HEARTSIDE INC (Michigan) receives grants from 31 organizations whose IRS filings report $846,922 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($130,700). 19 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does MATTHEW 2540 HEARTSIDE INC have?
IRS filings report 31 organizations giving $846,922 in grants to MATTHEW 2540 HEARTSIDE INC, 19 of which have funded it in more than one year.
Who is the largest funder of MATTHEW 2540 HEARTSIDE INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $130,700 in grants. The full list of funders is on this page.
How can an organization like MATTHEW 2540 HEARTSIDE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. 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 2540 Heartside →

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 31 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