Mayor Wallis Manor Development Corporation Inc

Analysis

Mayor Wallis Manor Development Corporation Inc is a registered charity in United States, based in Pryor, OK. It received its IRS tax-exemption ruling in September 1987, 39 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 December 2023, Mayor Wallis Manor Development Corporation Inc reported income of $195k and spending of $192k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $187k to $195k (+4.2%), an average of +1.0% a year. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mayor Wallis Manor Development Corporation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within OK. Charities of a similar size with the same main cause include Family Gateway Affordable Housing Inc ($195k), Friends Development Corporation ($195k) and Holy Trinity Properties Inc ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Other salaries and wages came to $34k. At year end it held assets of $206k against liabilities of $383k, net assets of -$177k. It reported 2 employees.