Spitzer-Magis Center

Analysis

Spitzer-Magis Center is a registered charity in United States, based in Garden Grove, CA. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Spitzer-Magis Center reported income of $2.4m and spending of $2.7m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.4m (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Spitzer-Magis Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Christian Televison of Palm Beach County Inc ($2.4m), Islamic Association of Arabi ($2.4m) and Barnabas Family Ministries Society ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 12 employees.