Stroud Manor Inc

Analysis

Stroud Manor Inc is a registered charity in United States, based in Lake Charles, LA. It received its IRS tax-exemption ruling in April 2012, 14 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Stroud Manor Inc reported income of $74k and spending of $115k, spending 156% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $73k to $74k (+0.7%), an average of +0.2% a year. The sharpest change came in the year to June 2021, when income dropped by 19%. Over the whole period it spent 142% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Stroud Manor Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within LA. Charities of a similar size with the same main cause include Co-Mans Supported Housing Inc ($74k), Bennett Manor Assisted Living Inc ($74k) and Rebuilding Together Pitt County NC Inc ($74k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 91% of the total. Other salaries and wages came to $14k. At year end it held assets of $1.1m against liabilities of $1.1m, net assets of -$22k.

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.