Grove Manor Corporation

Analysis

Grove Manor Corporation is a registered charity in United States, based in Grove City, PA. It received its IRS tax-exemption ruling in March 1971, 55 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Grove Manor Corporation reported income of $26.7m and spending of $22.9m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.7m to $26.7m (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2023, when income rose by 68%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grove Manor Corporation 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 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Chelsea Jewish Green House Inc ($26.7m), Norwegian Christian Home and Health Center ($26.7m) and Southern Indian Health Council ($26.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $178k (0.8% of expenses). Other salaries and wages came to $7.3m. At year end it held assets of $25.8m against liabilities of $2.4m, net assets of $23.4m. It reported 352 employees.