Manteca Senior Housing Corporation
Analysis
Manteca Senior Housing Corporation is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in August 2001, 25 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 June 2023, Manteca Senior Housing Corporation reported income of $363k and spending of $542k, spending 149% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $295k to $363k (+23%), an average of +5.3% a year. Over the whole period it spent 157% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Manteca Senior Housing Corporation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Centennial Square ($363k), Tri-County Senior Citizens & Housing Inc ($364k) and Upper South Street Housing Development Fund Company Inc ($363k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 57% of the total. At year end it held assets of $3.6m against liabilities of $3.3m, net assets of $281k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 38%
- Program services 57%
- Other 5.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Centennial Square | Willmar | $363k |
| Tri-County Senior Citizens & Housing Inc | Monte Vista | $364k |
| Upper South Street Housing Development Fund Company Inc | Rochester | $363k |
| Leading Age Nebraska | Lincoln | $364k |