Magnificat Houses Inc
Houston, Texas
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,031,079↑25% | $4,707,588↑63% | $7,311,390↑64% | — |
| 2022 | $2,431,488↓4% | $2,879,433↑14% | $4,452,560↓10% | — |
| 2021 | $2,542,729↑20% | $2,535,106↑1% | $4,955,982↓1% | — |
| 2020 | $2,120,337↓36% | $2,506,240↓27% | $5,002,706↓5% | — |
| 2019 | $3,305,759↑21% | $3,440,022↑61% | $5,271,240↓2% | — |
| 2018 | $2,741,143↑14% | $2,130,324↓6% | $5,384,044↑11% | — |
| 2017 | $2,412,836↑23% | $2,269,085↑10% | $4,857,766↑5% | — |
| 2016 | $1,957,244↓24% | $2,064,353↓8% | $4,630,106↓2% | — |
| 2015 | $2,571,020↑32% | $2,239,806↑39% | $4,732,473↑7% | — |
| 2014 | $1,948,231↑54% | $1,616,978↑21% | $4,412,760↑8% | — |
| 2013 | $1,263,422↓26% | $1,332,920↑2% | $4,088,708↓2% | — |
| 2012 | $1,705,840↑14% | $1,311,801↑9% | $4,182,545↑11% | — |
| 2011 | $1,499,423 | $1,205,167 | $3,778,042 | — |
Frequently Asked Questions
What does Magnificat Houses Inc do?▼
Magnificat Houses Inc is a mental health & crisis intervention nonprofit organization based in Texas. It is classified under NTEE code F33Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Magnificat Houses Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Magnificat Houses Inc has a score of 67/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Magnificat Houses Inc generate?▼
Magnificat Houses Inc reports $6.3M in annual revenue and holds $9.9M in total assets, based on IRS filings.
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