Parkside Manor Inc

Analysis

Parkside Manor Inc is a registered charity in United States, based in Mineral Ridge, OH. It received its IRS tax-exemption ruling in July 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Parkside Manor Inc reported income of $140k and spending of $191k, spending 137% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $132k to $140k (+5.8%), an average of +2.9% a year. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parkside Manor Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Habersham Emc Foundation Inc ($140k), North Shore Soup Kitchen Inc ($140k) and Chevy Chase at Home ($140k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 74% and program service revenue 26% of the total. At year end it held assets of $115k against liabilities of $534k, net assets of -$420k.

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.