Mana Nutritive Aid Products Inc

Analysis

Mana Nutritive Aid Products Inc is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2023, Mana Nutritive Aid Products Inc reported income of $137.9m and spending of $50.5m, leaving 63% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $19.5m to $137.9m (+606%), an average of +63% a year. The sharpest change came in the year to September 2023, when income rose by 86%. Over the whole period it spent 54% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Mana Nutritive Aid Products Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within NC. Charities of a similar size with the same main cause include Ukraine-Moldova American Enterprise Fund ($134.5m), Centro International de Agricultura Tropical Incorporated ($141.4m) and Childrens Hunger Fund ($134.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 62% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $734k (1.5% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $155.8m against liabilities of $8.3m, net assets of $147.5m. It reported 150 employees.