Wapsie Manor

Analysis

Wapsie Manor is a registered charity in United States, based in North English, IA. It received its IRS tax-exemption ruling in May 1985, 41 years ago. 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, Wapsie Manor reported income of $65k and spending of $52k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $65k (+5.1%), an average of +5.1% a year. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wapsie Manor sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within IA. Charities of a similar size with the same main cause include Brotherhood of St Anthony of Half Moon Bay ($65k), Vashon Partners in Education a Nonprofit Corporation ($65k) and Economic Justice Alliance of Michigan ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $155k against liabilities of $133k, net assets of $23k.