Man Cave Health Inc

Analysis

Man Cave Health Inc is a registered charity in United States, based in Oyster Bay, NY. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Man Cave Health Inc reported income of $86k and spending of $96k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $404k to $86k (-79%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 72%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Man Cave Health Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Community Apartments Corporation of Orange County ($86k), Miami Valley Association of Physicians of Indian Origin ($86k) and Music That Heals Inc ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $11k. At year end it held assets of $178k against liabilities of $3,102, net assets of $174k. It reported 1 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.