Magnolia House NH Inc

Analysis

Magnolia House NH Inc is a registered charity in United States, based in Hampton, NH. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2024, Magnolia House NH Inc reported income of $163k and spending of $195k, spending 119% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $230k to $163k (-29%), an average of -16% a year. The sharpest change came in the year to June 2024, when income dropped by 45%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Magnolia House NH Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within NH. Charities of a similar size with the same main cause include March for Moms Association ($163k), Baraboo River Equine-Assisted Therapies Inc ($163k) and Heart Valve Collaboratory Inc ($163k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $17k against liabilities of $20k, net assets of -$2,941.