Manito Presbyterian Homes Inc

Analysis

Manito Presbyterian Homes Inc is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in January 1982, 44 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Manito Presbyterian Homes Inc reported income of $577k and spending of $555k, spending 96% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $539k to $577k (+7.0%), an average of +1.7% a year. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Manito Presbyterian Homes Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within WA. Charities of a similar size with the same main cause include Greater Muskogee Community Foundation ($577k), Springfield Housing Unlimited ($577k) and RVM Eugene Housing Corp ($577k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $44k. At year end it held assets of $972k against liabilities of $1.4m, net assets of -$451k.