Felix Y Manalo Foundation Inc

Analysis

Felix Y Manalo Foundation Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2022, Felix Y Manalo Foundation Inc reported income of $1.2m and spending of $1.1m, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $191k to $1.2m (+527%), an average of +84% a year. The sharpest change came in the year to December 2022, when income rose by 1350%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Felix Y Manalo Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Capital District Center for Independence Inc ($1.2m), Seymour Ambulance Assoc Inc ($1.2m) and Court Community Service ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $20k. At year end it held assets of $2.5m against liabilities of $16k, net assets of $2.5m. It reported 1 employees.