Many Mansions Inc

Analysis

Many Mansions Inc is a registered charity in United States, based in Glen Rose, TX. It received its IRS tax-exemption ruling in September 2018, 8 years ago. 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, Many Mansions Inc reported income of $376k and spending of $305k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $249k to $376k (+51%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Many Mansions Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include American Gold Star Mothers Inc ($376k), Roadrunners Club of America ($376k) and Piscataquog Land Conservancy ($376k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $310k against liabilities of $7,115, net assets of $303k.