Forest Manor Community Development Corporation

Analysis

Forest Manor Community Development Corporation is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Forest Manor Community Development Corporation reported income of $77k and spending of $74k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $77k (-5.8%), an average of -5.8% a year. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Forest Manor Community Development Corporation sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within IN. Charities of a similar size with the same main cause include Huntsville Partners & Associates Inc ($77k), Aim Community Living Inc ($77k) and Valley Village New Construction ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $250k against liabilities of $11k, net assets of $239k.