Mtb Charitable Foundation Ltd
EIN: 300084835 · Jersey City, NJ · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.1M |
| Net Assets | $811K |
Is Mtb Charitable Foundation Ltd Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mtb Charitable Foundation Ltd
Mtb Charitable Foundation Ltd (EIN: 300084835) is a nonprofit organization based in Jersey City, NJ, classified under NTEE code T22. The organization reported total revenue of $1.4M and total assets of $832K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mtb Charitable Foundation Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mtb Charitable Foundation Ltd is a mid-size nonprofit that has been operating for 24 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-28,079 |
| Total Assets | $811K |
| Total Liabilities | $1 |
| Net Assets | $811K |
| Operating Margin | -2.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 8.5 months |
Financial Health Grade: B
In 2023, Mtb Charitable Foundation Ltd reported a deficit of $28K with expenses exceeding revenue, holds 8.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Mtb Charitable Foundation Ltd's revenue has grown at a compound annual growth rate (CAGR) of 13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.8% | +152.6% | -3.3% |
| 2022 | +182.7% | +184.6% | +215.4% |
| 2021 | -1.5% | -58.6% | +327.7% |
| 2020 | -9.9% | +9.7% | -20.0% |
| 2019 | -30.7% | -55.5% | +311.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mtb Charitable Foundation Ltd has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mtb Charitable Foundation Ltd with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $28K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Mtb Charitable Foundation Ltd
Is Mtb Charitable Foundation Ltd a legitimate charity?
Mtb Charitable Foundation Ltd (EIN: 300084835) is a registered tax-exempt nonprofit based in New Jersey. It has 11 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. Financial health grade: B.
How does Mtb Charitable Foundation Ltd spend its money?
Mtb Charitable Foundation Ltd reported $1.4M in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mtb Charitable Foundation Ltd tax-deductible?
Mtb Charitable Foundation Ltd is registered as a tax-exempt nonprofit (EIN: 300084835). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mtb Charitable Foundation Ltd located?
Mtb Charitable Foundation Ltd is headquartered in Jersey City, New Jersey and files with the IRS under EIN 300084835. It is classified under NTEE code T22.
How many years of IRS 990 filings does Mtb Charitable Foundation Ltd have?
Mtb Charitable Foundation Ltd has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.4M in total revenue.
Filing History
IRS 990 filing history for Mtb Charitable Foundation Ltd showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Mtb Charitable Foundation Ltd's revenue has grown by 358.5%, moving from $243K to $1.1M. Total assets increased by 45.6% over the same period, from $557K to $811K. Total functional expenses rose by 472.7%, from $200K to $1.1M. In its most recent filing year (2023), Mtb Charitable Foundation Ltd reported a deficit of $28K, with expenses exceeding revenue. The organization holds $1 in liabilities against $811K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $811K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.1M | $811K | $1 | — | View 990 |
| 2022 | $1.0M | $453K | $839K | $1 | — | View 990 |
| 2021 | $363K | $159K | $266K | $1 | — | View 990 |
| 2020 | $369K | $384K | $62K | $0 | — | View 990 |
| 2019 | $409K | $350K | $78K | $0 | — | View 990 |
| 2018 | $590K | $787K | $19K | $0 | — | — |
| 2015 | $822K | $880K | $888K | $0 | — | View 990 |
| 2014 | $666K | $518K | $946K | $0 | — | View 990 |
| 2013 | $535K | $365K | $798K | $0 | — | View 990 |
| 2012 | $369K | $309K | $622K | $0 | — | View 990 |
| 2011 | $243K | $200K | $557K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $811K (revenue +8.8% year-over-year).
- 2022: Revenue of $1.0M, expenses of $453K, and assets of $839K (revenue +182.7% year-over-year).
- 2021: Revenue of $363K, expenses of $159K, and assets of $266K (revenue -1.5% year-over-year).
- 2020: Revenue of $369K, expenses of $384K, and assets of $62K (revenue -9.9% year-over-year).
- 2019: Revenue of $409K, expenses of $350K, and assets of $78K (revenue -30.7% year-over-year).
- 2018: Revenue of $590K, expenses of $787K, and assets of $19K (revenue -28.2% year-over-year).
- 2015: Revenue of $822K, expenses of $880K, and assets of $888K (revenue +23.5% year-over-year).
- 2014: Revenue of $666K, expenses of $518K, and assets of $946K (revenue +24.4% year-over-year).
- 2013: Revenue of $535K, expenses of $365K, and assets of $798K (revenue +45.3% year-over-year).
- 2012: Revenue of $369K, expenses of $309K, and assets of $622K (revenue +51.4% year-over-year).
- 2011: Revenue of $243K, expenses of $200K, and assets of $557K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mtb Charitable Foundation Ltd:
Data Sources and Methodology
This transparency report for Mtb Charitable Foundation Ltd is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.