Small Magic

Analysis

Small Magic is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in February 2020, 6 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 August 2023, Small Magic reported income of $2.3m and spending of $982k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to August 2023, income grew from $157k to $2.3m (+1381%), an average of +96% a year. The sharpest change came in the year to December 2020, when income rose by 251%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Small Magic sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 91st percentile within AL. Charities of a similar size with the same main cause include Columbia-Willamette Clean Cities ($2.3m), Northwest Health Enterprises ($2.3m) and Meals on Wheels of Rowan Inc ($2.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $114k (12% of expenses). Other salaries and wages came to $318k. At year end it held assets of $2.3m against liabilities of $447k, net assets of $1.8m. It reported 11 employees.