Magnolia Pearl Peace Warrior Foundation

Analysis

Magnolia Pearl Peace Warrior Foundation is a registered charity in United States, based in Fredericksbrg, TX. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Magnolia Pearl Peace Warrior Foundation reported income of $82k and spending of $82k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $173k to $82k (-53%), an average of -53% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Magnolia Pearl Peace Warrior Foundation 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 32nd percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include San Diego Filipino-American Humanitarian Foundation Inc ($81k), National Charity League Inc Tulsa Midtown Chapter ($82k) and St Marys Alumni Association Inc ($81k).

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 $25k against liabilities of $0, net assets of $25k.