Magdala Foundation Magdala House

Analysis

Magdala Foundation Magdala House is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in September 1967, 59 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2023, Magdala Foundation Magdala House reported income of $7.8m and spending of $7.2m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $7.8m (+168%), an average of +28% a year. The sharpest change came in the year to June 2021, when income rose by 70%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Magdala Foundation Magdala House sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within MO. Charities of a similar size with the same main cause include Innovative Transfusion Medicine Non Profit Inc ($7.8m), Ascension Depaul Services ($7.8m) and Drug Recovery Inc ($7.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $351k (4.8% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $4.6m against liabilities of $2.2m, net assets of $2.4m. It reported 131 employees.