Magicians Without Borders

Analysis

Magicians Without Borders is a registered charity in United States, based in Lincoln, VT. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Magicians Without Borders reported income of $75k and spending of $21k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $120k to $75k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 40% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Magicians Without Borders sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 20th percentile within VT. Charities of a similar size with the same main cause include Viridianes Hope for Childrens Health & Education Corporation ($75k), Community Hope Fund Inc ($75k) and Engraved Incorporated ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.