Hendorn Inc Cole Manor

Analysis

Hendorn Inc Cole Manor is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in October 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Hendorn Inc Cole Manor reported income of $675k and spending of $965k, spending 143% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $960k to $675k (-30%), an average of -8.4% a year. The sharpest change came in the year to June 2020, when income dropped by 28%. Over the whole period it spent 126% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hendorn Inc Cole Manor sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Communities of Hope Inc ($675k), Illinois Mental Health Counselors Association ($675k) and Innovations Human Trafficking Collaborative ($675k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.5% and program service revenue 91% of the total. Other salaries and wages came to $529k. At year end it held assets of $522k against liabilities of $555k, net assets of -$33k. It reported 23 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.