Mane Gait

Analysis

Mane Gait is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in June 2008, 18 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 December 2023, Mane Gait reported income of $4.6m and spending of $1.8m, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $4.6m (+220%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 123%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mane Gait 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 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Community Coordinated Child Care of S Indiana ($4.6m), Lilyfield Inc ($4.6m) and American Indian Services ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $160k (9.1% of expenses). Other salaries and wages came to $805k. At year end it held assets of $6.7m against liabilities of $112k, net assets of $6.5m. It reported 33 employees.