Presbyterian Manor Inc

Analysis

Presbyterian Manor Inc is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Presbyterian Manor Inc reported income of $16.0m and spending of $13.6m, spending 85% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $11.3m to $16.0m (+42%), an average of +7.2% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Presbyterian Manor Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Hospice of Central Pennsylvania ($16.0m), Via Visually Impaired Advancement ($16.0m) and Independent Order of Odd Fellows ($16.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $316k (2.3% of expenses). Other salaries and wages came to $7.3m. At year end it held assets of $45.8m against liabilities of $891k, net assets of $44.9m. It reported 325 employees.