Bennett Manor Assisted Living Inc

Analysis

Bennett Manor Assisted Living Inc is a registered charity in United States, based in Joelton, TN. It received its IRS tax-exemption ruling in March 2020, 6 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, Bennett Manor Assisted Living Inc reported income of $74k and spending of $4,962, leaving 93% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $539k to $74k (-86%), an average of -63% a year. The sharpest change came in the year to December 2022, when income dropped by 85%. Over the whole period it spent 1.6% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bennett Manor Assisted Living Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within TN. Charities of a similar size with the same main cause include Stroud Manor Inc ($74k), Riverview Resident Assistance Foundation ($74k) and Co-Mans Supported Housing Inc ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $636k against liabilities of $0, net assets of $636k.