Manitowoc RHF Housing Inc

Analysis

Manitowoc RHF Housing Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in September 1994, 32 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 July 2023, Manitowoc RHF Housing Inc reported income of $340k and spending of $347k, spending 102% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $311k to $340k (+9.2%), an average of +2.2% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Manitowoc RHF Housing Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include United Neighborhoods Inc ($339k), Buffalo Mercy Housing Development Fund Company Inc ($340k) and Parker Street Foundation ($339k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 60% and program service revenue 37% of the total. At year end it held assets of $980k against liabilities of $1.1m, net assets of -$155k.