South Carthage Manor Inc
Analysis
South Carthage Manor Inc is a registered charity in United States, based in Cookeville, TN. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, South Carthage Manor Inc reported income of $108k and spending of $151k, spending 140% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $98k to $108k (+11%), an average of +2.6% a year. Over the whole period it spent 143% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, South Carthage Manor Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within TN. Charities of a similar size with the same main cause include Family Promise of Grant County Inc ($108k), MJF Housing No 2 Inc ($108k) and Orange Grove Development No Seven Inc ($108k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 56% of the total. At year end it held assets of $1.3m against liabilities of $21k, net assets of $1.3m.
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.
Income and spending
Where the income comes from
- Contributions & grants 42%
- Program services 56%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Family Promise of Grant County Inc | Lancaster | $108k |
| MJF Housing No 2 Inc | Milwaukee | $108k |
| Orange Grove Development No Seven Inc | Chattanooga | $108k |
| Our Lady of Consolation Apartments Inc | Basile | $108k |