Manilatown Heritage Foundation

Analysis

Manilatown Heritage Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Manilatown Heritage Foundation reported income of $322k and spending of $307k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $416k to $322k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Manilatown Heritage Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Na Ohana O Na Hui Waa Inc ($322k), Design Management Institute Inc ($322k) and Mannakin Theater and Dance ($322k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $59k (19% of expenses). Other salaries and wages came to $104k. At year end it held assets of $295k against liabilities of $1,222, net assets of $293k. It reported 5 employees.