Manna Mission Inc

Analysis

Manna Mission Inc is a registered charity in United States, based in Flower Mound, TX. It received its IRS tax-exemption ruling in May 1989, 37 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Manna Mission Inc reported income of $69k and spending of $75k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $294k to $69k (-76%), an average of -30% a year. The sharpest change came in the year to December 2021, when income rose by 105%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Manna Mission Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Arvin a Brown Public Library ($69k), Erie County Community Residential Project Inc ($69k) and Hiwassee College Inc ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $2,400 (3.2% of expenses). At year end it held assets of $1.5m against liabilities of $113k, net assets of $1.4m. It reported 1 employees.