Manna Worldwide Inc

Analysis

Manna Worldwide Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Manna Worldwide Inc reported income of $9.2m and spending of $8.9m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.5m to $9.2m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Manna Worldwide Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Pazlo Education Foundation ($9.2m), Providence School ($9.2m) and Valley Charter Schools ($9.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $81k (0.9% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $6.7m against liabilities of $423k, net assets of $6.3m. It reported 32 employees.