Magnolia Manor Inc

Analysis

Magnolia Manor Inc is a registered charity in United States, based in Americus, GA. It received its IRS tax-exemption ruling in November 1962, 64 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Magnolia Manor Inc reported income of $32.1m and spending of $40.4m, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $33.2m to $32.1m (-3.5%), an average of -0.9% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Magnolia Manor Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within GA. Charities of a similar size with the same main cause include Nysarc Inc ($32.0m), Pauls Run ($32.1m) and Hope Hospice and Community Services Inc ($32.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $1.5m (3.8% of expenses). Other salaries and wages came to $12.3m. At year end it held assets of $92.3m against liabilities of $52.4m, net assets of $39.9m. It reported 550 employees.