Teays Valley Manor Inc

Analysis

Teays Valley Manor Inc is a registered charity in United States, based in Scott Depot, WV. It received its IRS tax-exemption ruling in February 1985, 41 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 March 2023, Teays Valley Manor Inc reported income of $435k and spending of $400k, spending 92% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $395k to $435k (+10%), an average of +3.3% a year. The sharpest change came in the year to March 2023, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Teays Valley Manor Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within WV. Charities of a similar size with the same main cause include Azalea Youth Soccer League Inc ($435k), Sunbury Farm ($436k) and Winchester Seniors Association Inc ($435k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 66% and program service revenue 30% of the total. Other salaries and wages came to $79k. At year end it held assets of $1.0m against liabilities of $1.4m, net assets of -$344k.