Macarthur Manor Senior Residences Inc

Analysis

Macarthur Manor Senior Residences Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in March 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 May 2023, Macarthur Manor Senior Residences Inc reported income of $249k and spending of $395k, spending 159% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income fell from $252k to $249k (-1.3%), an average of -0.4% a year. Over the whole period it spent 155% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Macarthur Manor Senior Residences Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within KS. Charities of a similar size with the same main cause include Armi Washington Heights Housing Corporation ($249k), Snowhill Citizens for Decent HSNG ($249k) and McGee Plaza Housing Development Fund Corporation ($248k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 34% and program service revenue 58% of the total. At year end it held assets of $3.2m against liabilities of $57k, net assets of $3.2m.

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.