Gulf Coast Christian Womens Job Corps-Magdalene House

Analysis

Gulf Coast Christian Womens Job Corps-Magdalene House is a registered charity in United States, based in Diamondhead, MS. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Gulf Coast Christian Womens Job Corps-Magdalene House reported income of $86k and spending of $73k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $86k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gulf Coast Christian Womens Job Corps-Magdalene House sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within MS. Charities of a similar size with the same main cause include Vesta Enteka ($86k), Maple Apartments of Richmond ($86k) and Great Road Properties Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 0.5% of the total. At year end it held assets of $383k against liabilities of $149k, net assets of $234k.