Salvation Manor Inc

Analysis

Salvation Manor Inc is a registered charity in United States, based in Pearl River, LA. It received its IRS tax-exemption ruling in May 2001, 25 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, Salvation Manor Inc reported income of $78k and spending of $102k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $69k to $78k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 134% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Salvation Manor Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within LA. Charities of a similar size with the same main cause include Collins Way Inc ($78k), National Housing Resource Group Inc ($78k) and Independence Place Inc ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $543k against liabilities of $926k, net assets of -$383k.

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.