Magical Meadows Inc

Analysis

Magical Meadows Inc is a registered charity in United States, based in Warsaw, IN. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Magical Meadows Inc reported income of $202k and spending of $192k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $104k to $202k (+95%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Magical Meadows Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within IN. Charities of a similar size with the same main cause include Mini Therapy Horses ($202k), Tuscarawas Clinic for the Workinguninsured ($202k) and Hillsborough County Anti-Drug Alliance Inc ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 20% of the total. Other salaries and wages came to $48k. At year end it held assets of $679k against liabilities of $122k, net assets of $557k. It reported 8 employees.