The Corporation for Manufacturing Excellence Manex

Analysis

The Corporation for Manufacturing Excellence Manex is a registered charity in United States, based in San Ramon, CA. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 September 2023, The Corporation for Manufacturing Excellence Manex reported income of $2.8m and spending of $2.8m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $3.0m to $2.8m (-4.7%), an average of -1.2% a year. The sharpest change came in the year to September 2020, when income dropped by 17%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Corporation for Manufacturing Excellence Manex sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Advantage Services Inc ($2.8m), Missouri Coalition Against Domestic and Sexual Violence ($2.8m) and Highland Lakes Family Crisis Center Inc ($2.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $301k (11% of expenses). Other salaries and wages came to $822k. At year end it held assets of $2.1m against liabilities of $757k, net assets of $1.4m. It reported 6 employees.