Little Manatee Housing Corporation

Analysis

Little Manatee Housing Corporation is a registered charity in United States, based in Florida City, FL. It received its IRS tax-exemption ruling in June 2000, 26 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 December 2023, Little Manatee Housing Corporation reported income of $1.3m and spending of $1.5m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Little Manatee Housing Corporation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Tioga Presbyterian Apartments Inc ($1.3m), Affordable Housing Action Board of Springfield Inc ($1.3m) and North General AIDS Housing Development Fund Corporation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $174k. At year end it held assets of $8.1m against liabilities of $5.4m, net assets of $2.7m.