Northern Manor Multicare Center Inc

Analysis

Northern Manor Multicare Center Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northern Manor Multicare Center Inc reported income of $36.6m and spending of $35.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $30.7m to $36.6m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northern Manor Multicare Center 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 Southwest Florida Retirement Center ($36.6m), East End Disability Associates Inc ($36.6m) and Jewish Community Services of South Florida Inc ($36.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Other salaries and wages came to $14.1m. At year end it held assets of $25.8m against liabilities of $24.6m, net assets of $1.1m. It reported 248 employees.