Tents of Grace Manor Housing

Analysis

Tents of Grace Manor Housing is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in September 2004, 22 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 May 2023, Tents of Grace Manor Housing reported income of $98k and spending of $123k, spending 126% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income fell from $104k to $98k (-6.3%), an average of -2.2% a year. Over the whole period it spent 117% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tents of Grace Manor Housing sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within OH. Charities of a similar size with the same main cause include Seeds of Hope Housing Inc ($98k), Solar Circle ($98k) and Habitat for Humanity International Inc ($98k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Other salaries and wages came to $16k. At year end it held assets of $727k against liabilities of $24k, net assets of $703k.

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.