Presbyterian Manors of Mid America Inc

Analysis

Presbyterian Manors of Mid America Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in March 1988, 38 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Presbyterian Manors of Mid America Inc reported income of $11.4m and spending of $11.5m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.4m to $11.4m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2020, when income rose by 19%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Presbyterian Manors of Mid America Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within KS. Charities of a similar size with the same main cause include Episcopal Divinity School ($11.4m), International Swaminarayan Satsang Organization ($11.4m) and College Auxiliary Services Inc ($11.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.9m (17% of expenses). Other salaries and wages came to $6.2m. It paid $21k in professional fundraising fees. At year end it held assets of $6.6m against liabilities of $1.5m, net assets of $5.2m. It reported 94 employees.