Manning Community Foundation

Analysis

Manning Community Foundation is a registered charity in United States, based in Manning, IA. It received its IRS tax-exemption ruling in June 1981, 45 years ago. 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 December 2023, Manning Community Foundation reported income of $633k and spending of $178k, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $248k to $633k (+155%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 271%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Manning Community Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within IA. Charities of a similar size with the same main cause include Institute for Natural Medicine ($633k), Bridgemakers ($633k) and Association of Students of the University of Nebraska ($633k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 6.6% of the total. Other salaries and wages came to $29k. At year end it held assets of $1.2m against liabilities of $1,055, net assets of $1.2m. It reported 3 employees.