Mantua I Corporation

Analysis

Mantua I Corporation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 2005, 21 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 June 2023, Mantua I Corporation reported income of $222k and spending of $160k, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $75k to $222k (+194%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 267%. Over the whole period it spent 142% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mantua I Corporation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Butte Affordable Housing Inc ($222k), Passman Plaza Inc ($222k) and St Patricks Manor ($222k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 11% of the total. Other salaries and wages came to $13k. At year end it held assets of $1.2m against liabilities of $452k, net assets of $785k.