Elm Crest Manor

Analysis

Elm Crest Manor is a registered charity in United States, based in New Salem, ND. It received its IRS tax-exemption ruling in July 1969, 57 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 June 2024, Elm Crest Manor reported income of $9.2m and spending of $8.5m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.5m to $9.2m (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Elm Crest Manor sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within ND. Charities of a similar size with the same main cause include Shepherds Path Senior Housing Inc ($9.2m), Lester and Rosalie Anixter Center ($9.2m) and PHW Menomonee Falls Inc ($9.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $174k (2.1% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $9.6m against liabilities of $3.6m, net assets of $6.0m. It reported 150 employees.