Manville Hill Housing Corp

Analysis

Manville Hill Housing Corp is a registered charity in United States, based in Cumberland, RI. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 March 2023, Manville Hill Housing Corp reported income of $348k and spending of $475k, spending 137% of what it took in. Across the 3 years on record, from March 2020 to March 2023, income grew from $335k to $348k (+3.9%), an average of +1.9% a year. Over the whole period it spent 138% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Manville Hill Housing Corp sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within RI. Charities of a similar size with the same main cause include Lime House Senior Housing Inc ($348k), Natasha House Inc ($348k) and Peace Valley Haven Inc ($348k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Other salaries and wages came to $57k. At year end it held assets of $4.5m against liabilities of $6.0m, net assets of -$1.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.