President George Washington Manor I

Analysis

President George Washington Manor I is a registered charity in United States, based in Carmichael, CA. It received its IRS tax-exemption ruling in July 1980, 46 years ago. 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 December 2023, President George Washington Manor I reported income of $490k and spending of $470k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $444k to $490k (+10%), an average of +2.5% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, President George Washington Manor I sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Bridgeville Public Library ($490k), Richmond Olympiad Gymnastics Club Inc ($491k) and Builders Exchange Foundation ($490k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. Other salaries and wages came to $124k. At year end it held assets of $668k against liabilities of $1.0m, net assets of -$337k. It reported 2 employees.