Manufacturers Resource Center

Analysis

Manufacturers Resource Center is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in January 1991, 35 years ago. 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 June 2023, Manufacturers Resource Center reported income of $3.7m and spending of $3.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $3.7m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Manufacturers Resource Center sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include St Luke Institute Inc ($3.7m), Habitat for Humanity ($3.7m) and Haven Hills Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $390k (10% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.6m against liabilities of $1.3m, net assets of $2.3m. It reported 17 employees.