Mgma Center for Research Inc

Analysis

Mgma Center for Research Inc is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in November 1973, 53 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mgma Center for Research Inc reported income of $60k and spending of $6,458, leaving 89% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $12k to $60k (+395%), an average of +49% a year. The sharpest change came in the year to June 2023, when income rose by 572%. Over the whole period it spent 31% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mgma Center for Research Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within CO. Charities of a similar size with the same main cause include PBG Inc ($60k), Pearson Foundation of Hawaii Incorporated ($60k) and Ufcw Local 135 Charity Golf Classic ($60k).

At year end it held assets of $1.5m against liabilities of $1.2m, net assets of $310k.