Magazine Training International Inc

Analysis

Magazine Training International Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Magazine Training International Inc reported income of $130k and spending of $123k, spending 94% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $210k to $130k (-38%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Magazine Training International Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within CO. Charities of a similar size with the same main cause include Blackwell Public School Foundation Inc ($130k), Johns Creek High School Band Booster Association Inc ($130k) and Madinatul-Ilm Academy of United States Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $40k against liabilities of $1,657, net assets of $38k.