Cardinal Community Manor Inc
Analysis
Cardinal Community Manor Inc is a registered charity in United States, based in Alexis, IL. It received its IRS tax-exemption ruling in February 1989, 37 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, Cardinal Community Manor Inc reported income of $73k and spending of $74k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $55k to $73k (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 119% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cardinal Community Manor Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within IL. Charities of a similar size with the same main cause include Dunbar Heritage Apartments Inc ($73k), Arcadia Haven Inc ($73k) and 721 East 6th Street Housing Development Fund Corporation ($73k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 89% of the total. Other salaries and wages came to $7,800. At year end it held assets of $247k against liabilities of $307k, net assets of -$60k. It reported 1 employees.
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.
Income and spending
Where the income comes from
- Program services 89%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Dunbar Heritage Apartments Inc | Ardmore | $73k |
| Arcadia Haven Inc | Arcadia | $73k |
| 721 East 6th Street Housing Development Fund Corporation | New York | $73k |
| Tsi Properties I Inc | Whitestone | $74k |