EHealth CareEIN: 640324402

Magee Benevolent Association

Magee, Mississippi

BHealth Score
59B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.41×
Peer Median8.62×
💰
$17.7M
Total Revenue
📊
$18.3M
Total Expenses
🏦
$7.5M
Net Assets
📋
$1.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-17.2%
Year-over-year change (2022 → 2023)
Net Margin
-3.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.41
Net assets divided by total expenses
Liabilities-to-Assets
16.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$17,659,73817%$18,254,3897%$8,927,2458%
2022$21,318,8058%$19,712,6016%$9,721,18942%
2021$23,055,56018%$20,921,00817%$16,724,75110%
2020$19,551,22726%$17,940,5805%$15,207,75580%
2019$15,578,37211%$17,123,4333%$8,438,41415%
2018$13,999,38817%$16,574,33917%$9,875,4978%
2017$16,916,13014%$19,947,36116%$10,684,75326%
2016$19,717,96313%$23,832,9566%$14,396,02229%
2015$22,755,34210%$25,362,6664%$20,214,45013%
2014$25,196,0932%$26,379,8821%$23,223,5964%
2013$24,689,3762%$26,732,549$24,233,75612%
2012$25,075,56211%$26,776,6526%$27,496,6311%
2011$28,047,228$28,432,564$27,715,478

Frequently Asked Questions

What does Magee Benevolent Association do?

Magee Benevolent Association is a health care nonprofit organization based in Mississippi. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Magee Benevolent Association financially healthy?

Based on our 9-metric Financial Health Score model, Magee Benevolent Association has a score of 59/100 (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 Magee Benevolent Association generate?

Magee Benevolent Association reports $18.5M in annual revenue and holds $8.5M in total assets, based on IRS filings.

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