Manna Scholarship Fund Inc

Analysis

Manna Scholarship Fund Inc is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover mental health and crisis intervention, 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 December 2023, Manna Scholarship Fund Inc reported income of $2.1m and spending of $2.4m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $737k to $2.1m (+184%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 138%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Manna Scholarship Fund Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include The Gardner Group Inc ($2.1m), Center for Pregnancy Choices Metro Area ($2.1m) and Mayday Medicines Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $90k (3.8% of expenses). Other salaries and wages came to $641k. At year end it held assets of $1.1m against liabilities of $667k, net assets of $432k. It reported 17 employees.