Manton Area Retirees Club

Analysis

Manton Area Retirees Club is a registered charity in United States, based in Manton, MI. It received its IRS tax-exemption ruling in October 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Manton Area Retirees Club reported income of $117k and spending of $140k, spending 119% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $105k to $117k (+12%), an average of +2.8% a year. The sharpest change came in the year to September 2022, when income rose by 53%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Manton Area Retirees Club sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within MI. Charities of a similar size with the same main cause include The Anawim ($117k), Clarksville Economic Development Association Inc ($117k) and Whitehall-Coplay Hunger Initiative ($117k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $52k. At year end it held assets of $118k against liabilities of $5,162, net assets of $113k. It reported 9 employees.