Manning Educational Association

Analysis

Manning Educational Association is a registered charity in United States, based in Manning, SC. It received its IRS tax-exemption ruling in August 1997, 29 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Manning Educational Association reported income of $7.5m and spending of $5.8m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.2m to $7.5m (+79%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 30%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Manning Educational Association sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within SC. Charities of a similar size with the same main cause include Beneficial State Foundation ($7.5m), Jewish Federation of Las Vegas ($7.5m) and Tricounty Commission on Alcohol and Drug Abuse ($7.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $102k (1.8% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $4.4m against liabilities of $343k, net assets of $4.0m. It reported 107 employees.