Manor Apartments Inc

Analysis

Manor Apartments Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Manor Apartments Inc reported income of $611k and spending of $736k, spending 120% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $631k to $611k (-3.1%), an average of -1.0% a year. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Manor Apartments Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MD. Charities of a similar size with the same main cause include Cornerstone Family Interventions Inc ($611k), Music for Seniors ($611k) and Mid City Nutrition Program ($611k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $56k. At year end it held assets of $1.7m against liabilities of $199k, net assets of $1.5m.

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.