Heritage Manor Inc

Analysis

Heritage Manor Inc is a registered charity in United States, based in New York Mills, MN. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Heritage Manor Inc reported income of $168k and spending of $180k, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $148k to $168k (+13%), an average of +3.2% a year. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heritage Manor Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include West Alexandria Day Care Center Inc ($168k), Joyguru Humanitarian Services Inc ($168k) and Lubavitch House at Penn Inc ($168k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. At year end it held assets of $705k against liabilities of $53k, net assets of $652k.

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.