Manna Storehouse Incorporated

Analysis

Manna Storehouse Incorporated is a registered charity in United States, based in Weatherford, TX. It received its IRS tax-exemption ruling in July 1986, 40 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 December 2023, Manna Storehouse Incorporated reported income of $556k and spending of $757k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $451k to $556k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Manna Storehouse Incorporated sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Dyer Co Fair Assn ($556k), Foster Florida Inc ($556k) and HDLC ($556k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $1.2m against liabilities of $6,002, net assets of $1.2m.