Magical Moments Foundation Inc

Analysis

Magical Moments Foundation Inc is a registered charity in United States, based in Plain City, OH. It received its IRS tax-exemption ruling in April 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 (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, Magical Moments Foundation Inc reported income of $105k and spending of $174k, spending 166% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $182k to $105k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Magical Moments Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within OH. Charities of a similar size with the same main cause include Hinsdale Volunteer Firemens Association Inc ($105k), Knights of Sonoma County ($105k) and International Association for Food Protein Enterocolitis a NJ Nonprof ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.