Magdalene Omaha Inc

Analysis

Magdalene Omaha Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in August 2016, 10 years ago. 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 December 2023, Magdalene Omaha Inc reported income of $422k and spending of $756k, spending 179% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income fell from $527k to $422k (-20%), an average of -4.3% a year. The sharpest change came in the year to June 2020, when income rose by 118%. Over the whole period it spent 97% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Magdalene Omaha Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within NE. Charities of a similar size with the same main cause include Love First ($422k), Discipleship Unlimited Inc ($422k) and Latino Coalition for Israel Inc ($422k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 152% of the total. Compensation of current officers, directors and key employees was $133k (18% of expenses). Other salaries and wages came to $274k. At year end it held assets of $572k against liabilities of $9,424, net assets of $562k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.