Caritas Manor Inc

Analysis

Caritas Manor Inc is a registered charity in United States, based in Biloxi, MS. It received its IRS tax-exemption ruling in March 1946, 80 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Caritas Manor Inc reported income of $224k and spending of $246k, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $222k to $224k (+0.8%), an average of +0.2% a year. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Caritas Manor Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within MS. Charities of a similar size with the same main cause include Shalom House Inc ($224k), Neola Betterment Corporation ($224k) and Thompson Falls Lions Manor Inc ($224k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 113% of the total. Other salaries and wages came to $27k. At year end it held assets of $594k against liabilities of $63k, net assets of $531k.

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.