Alexia Manor Housing Corporation

Analysis

Alexia Manor Housing Corporation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in June 1995, 31 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 October 2023, Alexia Manor Housing Corporation reported income of $516k and spending of $538k, spending 104% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $495k to $516k (+4.4%), an average of +1.1% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Alexia Manor Housing Corporation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Pico Veteran Senior Citizen Housing Corporation ($516k), Boston Trailer Park Tenants Association ($516k) and Archa Corvus ($516k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 5.8% and program service revenue 94% of the total. Other salaries and wages came to $69k. At year end it held assets of $1.7m against liabilities of $3.3m, net assets of -$1.7m.

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.