Magnificat Home Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 137,652 | 141,770 | −4,118 | 2.7 | — |
| 2012 | 122,932 | 134,453 | −11,521 | 1.8 | — |
| 2013 | 146,690 | 137,068 | 9,622 | 2.5 | — |
| 2014 | 204,893 | 146,612 | 58,281 | 7.2 | 32% |
| 2015 | 249,400 | 316,428 | −67,028 | 0.8 | 14% |
| 2016 | 326,287 | 347,526 | −21,239 | 0.6 | 14% |
| 2017 | 354,827 | 312,751 | 42,076 | 1.6 | 7% |
| 2018 | 414,950 | 388,819 | 26,131 | 2.1 | 33% |
| 2019 | 423,402 | 444,789 | −21,387 | 1.2 | 31% |
| 2020 | 393,566 | 400,355 | −6,789 | 1.2 | 28% |
| 2021 | 411,462 | 433,989 | −22,527 | 0.4 | 27% |
| 2022 | 356,197 | 335,843 | 20,354 | 1.3 | 30% |
| 2023 | 188,441 | 155,396 | 33,045 | 5.1 | — |
In its most recent public year (2023), this organization brought in $33,045 more than it spent. Its reserves stood at about 5.1 months of spending, up from 2.7 in 2011.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Magnificat Home Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works