Presbyterian Manors Inc

Analysis

Presbyterian Manors Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in January 1964, 62 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Presbyterian Manors Inc reported income of $115.9m and spending of $121.0m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $115.4m to $115.9m (+0.4%), an average of +0.1% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Presbyterian Manors Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within KS. Charities of a similar size with the same main cause include Council on Aging of Southwestern Ohio ($115.5m), Central Texas Food Bank Inc ($116.3m) and Agespan Inc ($114.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.0% and program service revenue 92% of the total. Other salaries and wages came to $43.4m. At year end it held assets of $163.7m against liabilities of $208.1m, net assets of -$44.4m. It reported 2,276 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.