Mullally Manor Inc

Analysis

Mullally Manor Inc is a registered charity in United States, based in Daytona Beach, FL. It received its IRS tax-exemption ruling in August 1984, 42 years ago. 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 December 2023, Mullally Manor Inc reported income of $1.0m and spending of $1.1m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $973k to $1.0m (+7.8%), an average of +1.9% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mullally Manor Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.0m), Harry R E Hampton Memorial Wildlife Fund Inc ($1.0m) and Wayne Brown Institute ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Other salaries and wages came to $208k. At year end it held assets of $2.0m against liabilities of $2.5m, net assets of -$457k.