Manorville Development Corporation

Analysis

Manorville Development Corporation is a registered charity in United States, based in Ford City, PA. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2021, Manorville Development Corporation reported income of $90k and spending of $38k, leaving 58% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income fell from $91k to $90k (-0.9%), an average of -0.4% a year. Over the whole period it spent 43% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Manorville Development Corporation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within PA. Charities of a similar size with the same main cause include Lead with Love Inc ($90k), United Way of Juction City-Geary County Kansas Inc ($90k) and Sterling Heights Area Community Foundation ($90k).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 100% of the total. At year end it held assets of $784k against liabilities of $97k, net assets of $687k.