Manaus

Analysis

Manaus is a registered charity in United States, based in Carbondale, CO. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Manaus reported income of $884k and spending of $933k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $674k to $884k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2020, when income rose by 297%. Over the whole period it spent 118% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Manaus sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include Called to Serve CDC Inc ($884k), Studer Community Institute Inc ($885k) and Fishtown Kensington Area Business Improvement District Inc ($884k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $136k (15% of expenses). Other salaries and wages came to $12k. At year end it held assets of $335k against liabilities of $18k, net assets of $317k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.