Fellowship Manor Ltd

Analysis

Fellowship Manor Ltd is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in May 1996, 30 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, Fellowship Manor Ltd reported income of $898k and spending of $981k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $898k (-12%), an average of -3.2% a year. 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, Fellowship Manor Ltd sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within LA. Charities of a similar size with the same main cause include St Joseph Housing Initiative ($897k), Kennedy Commission ($898k) and Franklin Homestead Inc ($897k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $165k. At year end it held assets of $4.6m against liabilities of $6.9m, net assets of -$2.3m. It reported 5 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.