Magnolia Manor of Liberty County Inc

Analysis

Magnolia Manor of Liberty County Inc is a registered charity in United States, based in Midway, GA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Magnolia Manor of Liberty County Inc reported income of $6.8m and spending of $9.1m, spending 134% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.0m to $6.8m (+35%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 133% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Magnolia Manor of Liberty County Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Second Chance Inc ($6.8m), Suite 130 Plastic Surgery PC ($6.8m) and Bakersfield Memorial Hospital Foundation ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $3.7m. At year end it held assets of $13.0m against liabilities of $12.3m, net assets of $691k. It reported 142 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.