Manna Inc

Analysis

Manna Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1982, 44 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, Manna Inc reported income of $2.5m and spending of $4.0m, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.8m to $2.5m (-64%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 75%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Manna Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 70th percentile within DC. Charities of a similar size with the same main cause include Housing for Hoboken Inc ($2.5m), Partners in Housing Inc a Colorado Non-Profit Corporation ($2.5m) and Texas Inter-Faith Management Corporation ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $571k (14% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $18.6m against liabilities of $7.5m, net assets of $11.1m. It reported 28 employees.

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.