Patrick Manor Inc

Analysis

Patrick Manor Inc is a registered charity in United States, based in Pocahontas, AR. It received its IRS tax-exemption ruling in March 2001, 25 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 June 2024, Patrick Manor Inc reported income of $277k and spending of $329k, spending 119% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $250k to $277k (+11%), an average of +2.0% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Patrick Manor Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within AR. Charities of a similar size with the same main cause include Bethesda Foundation of Willmar ($277k), Westown Jubilee Housing ($277k) and Tongore Pines Housing Development Fund Company Inc ($277k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 59% and program service revenue 40% of the total. At year end it held assets of $1.7m against liabilities of $2.7m, net assets of -$938k.

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.