The Macguire Center
Analysis
The Macguire Center is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, The Macguire Center reported income of $106k and spending of $104k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.2m to $106k (-98%), an average of -62% a year. The sharpest change came in the year to December 2022, when income rose by 695%. Over the whole period it spent 98% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Macguire Center sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include TRC Housing Inc ($106k), CR Project Inc ($106k) and Ide Center Apartments I Inc ($106k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $12k (12% of expenses). Other salaries and wages came to $22k. At year end it held assets of $95k against liabilities of $7,062, net assets of $88k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| TRC Housing Inc | Hohenwald | $106k |
| CR Project Inc | Comanche | $106k |
| Ide Center Apartments I Inc | Toledo | $106k |
| Harney Senior Housing Inc | Hines | $106k |