Margaret Manor Elderly Housing Inc

Analysis

Margaret Manor Elderly Housing Inc is a registered charity in United States, based in Shawnee, OK. It received its IRS tax-exemption ruling in February 2011, 15 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 December 2023, Margaret Manor Elderly Housing Inc reported income of $139k and spending of $197k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $105k to $139k (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 160% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Margaret Manor Elderly Housing Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within OK. Charities of a similar size with the same main cause include Family Promise of Hillsborough County Inc ($139k), Home Together Fund ($139k) and Breaking the Cycle ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 59% of the total. Other salaries and wages came to $14k. At year end it held assets of $1.5m against liabilities of $2.1m, net assets of -$597k. It reported 2 employees.

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.