Manna Meal Inc

Analysis

Manna Meal Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in July 1980, 46 years ago. 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, Manna Meal Inc reported income of $1.7m and spending of $1.9m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.7m (+49%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Manna Meal Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within WV. Charities of a similar size with the same main cause include Claxton-Hepburn Medical Center Foundation ($1.7m), Arc Massachusetts ($1.7m) and Canton Community Foundation Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $75k (4.0% of expenses). Other salaries and wages came to $354k. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m. It reported 19 employees.