Mane Stream Inc

Analysis

Mane Stream Inc is a registered charity in United States, based in Oldwick, NJ. It received its IRS tax-exemption ruling in January 1975, 51 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 December 2023, Mane Stream Inc reported income of $994k and spending of $855k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $698k to $994k (+42%), an average of +9.3% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mane Stream Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Cy-Hope Inc ($994k), Organic Seed Alliance ($994k) and Silicon Valley Korean School Inc ($994k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $104k (12% of expenses). Other salaries and wages came to $415k. At year end it held assets of $2.2m against liabilities of $18k, net assets of $2.2m. It reported 29 employees.