TPhilanthropy, Voluntarism & GrantmakingEIN: 204154914· Ruling Year: 2007

Magyar Bank Charitable Foundation

New Brunswick, New Jersey

CHealth Score
42C

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Below Average

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org7.27×
Peer Median18.82×
💰
$27K
Total Revenue
📊
$87K
Total Expenses
🏦
$632K
Net Assets
📋
$32K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-19.7%
Year-over-year change (2022 → 2023)
Net Margin
-224.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.27
Net assets divided by total expenses
Liabilities-to-Assets
4.8%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$26,80620%$86,97822%$663,66924%
2022$33,390589%$111,89523%$874,4772%
2021$4,8498407%$90,78019%$892,59447%
2020$57100%$75,97622%$608,75623%
2019$15,62142119%$62,42823%$792,98021%
2015$3738%$50,727102%$1,009,3436%
2014$6014%$25,05132%$1,072,0412%
2013$7062%$36,79310%$1,097,0553%
2012$18472%$40,91617%$1,133,7763%
2011$652$49,516$1,171,007

Frequently Asked Questions

What does Magyar Bank Charitable Foundation do?

Magyar Bank Charitable Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in New Jersey. It is classified under NTEE code T20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Magyar Bank Charitable Foundation financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Magyar Bank Charitable Foundation.

How much revenue does Magyar Bank Charitable Foundation generate?

Revenue data for Magyar Bank Charitable Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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