Magcor Industries
Analysis
Magcor Industries is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in December 2025. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 2021, Magcor Industries reported income of $5.1m and spending of $4.1m, spending 80% of its income. Across the 3 years on record, from June 2019 to June 2021, income grew from $3.2m to $5.1m (+63%), an average of +28% a year. The sharpest change came in the year to June 2020, when income rose by 57%. Over the whole period it spent 86% of the income it received.
Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Magcor Industries sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within MS. Charities of a similar size with the same main cause include Yellowhammer Fund ($5.1m), Indivisible Civics Inc ($5.1m) and Youth Rights & Justice ($5.1m).
Compensation of current officers, directors and key employees was $120k (2.9% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $8.6m against liabilities of $5.5m, net assets of $3.1m. It reported 37 employees.
Income and spending
Where the income comes from
- Other 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Yellowhammer Fund | Birmingham | $5.1m |
| Indivisible Civics Inc | Washington | $5.1m |
| Youth Rights & Justice | Portland | $5.1m |
| Cybercrime Support Network | Tempe | $5.2m |