Manhattan Institute for Policy Research Inc

Analysis

Manhattan Institute for Policy Research Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1977, 49 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Manhattan Institute for Policy Research Inc reported income of $26.9m and spending of $21.6m, spending 80% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $15.6m to $26.9m (+73%), an average of +15% a year. The sharpest change came in the year to September 2023, when income rose by 33%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Manhattan Institute for Policy Research Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Hospice of the Piedmont Inc ($26.9m), Army Emergency Relief ($26.9m) and American Society of Nephrology Inc ($26.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $7.5m (35% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $40.6m against liabilities of $10.1m, net assets of $30.6m. It reported 98 employees.