Castle Manor

Analysis

Castle Manor is a registered charity in United States, based in Lincoln, IL. It received its IRS tax-exemption ruling in July 2009, 17 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Castle Manor reported income of $2.8m and spending of $2.3m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.8m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Castle Manor sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Southwest Florida Affordablehousing Choice Foundation Inc ($2.8m), Bluebonnet Gardens ($2.8m) and Union Plaza Apartments ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $909k. At year end it held assets of $7.5m against liabilities of $5.2m, net assets of $2.3m. It reported 56 employees.