Manhattan Area Housing Partnership Inc

Analysis

Manhattan Area Housing Partnership Inc is a registered charity in United States, based in Manhattan, KS. It received its IRS tax-exemption ruling in October 1988, 38 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 December 2023, Manhattan Area Housing Partnership Inc reported income of $774k and spending of $765k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $459k to $774k (+69%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Manhattan Area Housing Partnership Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within KS. Charities of a similar size with the same main cause include Anderson Housing Inc ($774k), Zelies Home ($775k) and Evangelical Manor Inc Nonprofit Housing Corporation ($774k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $83k (11% of expenses). Other salaries and wages came to $231k. At year end it held assets of $2.7m against liabilities of $2.1m, net assets of $590k. It reported 15 employees.