Magdala Foundation Magdala House
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,989,818 | 3,059,121 | −69,303 | 7.3 | 44% |
| 2013 | 2,981,272 | 3,111,346 | −130,074 | 7.0 | 43% |
| 2014 | 3,023,610 | 3,104,606 | −80,996 | 7.3 | 42% |
| 2015 | 3,082,273 | 3,206,390 | −124,117 | 6.2 | 44% |
| 2016 | 3,032,801 | 3,254,474 | −221,673 | 5.2 | 45% |
| 2017 | 3,156,029 | 3,074,459 | 81,570 | 6.1 | 46% |
| 2018 | 2,964,263 | 3,349,356 | −385,093 | 4.3 | 48% |
| 2019 | 2,896,866 | 3,366,968 | −470,102 | 2.6 | 49% |
| 2020 | 3,419,000 | 3,411,780 | 7,220 | 2.6 | 50% |
| 2021 | 5,819,178 | 4,430,997 | 1,388,181 | 6.1 | 44% |
| 2022 | 5,696,827 | 6,084,210 | −387,383 | 3.6 | 47% |
| 2023 | 7,771,331 | 7,234,668 | 536,663 | 3.9 | 49% |
In its most recent public year (2023), this organization brought in $536,663 more than it spent. Its reserves stood at about 3.9 months of spending, down from 7.3 in 2012. Staff pay was 49% of spending.
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
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