F โ€” Mental Health & Crisis InterventionEIN: 237003471ยท Ruling Year: 1969

Magnificat Houses Inc

Houston, Texas

B+Health Score
67B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$3.0M
Total Revenue
๐Ÿ“Š
$4.7M
Total Expenses
๐Ÿฆ
$2.8M
Net Assets
๐Ÿ“‹
$4.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+24.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-55.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.60
Net assets divided by total expenses
Liabilities-to-Assets
61.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,031,079โ†‘25%$4,707,588โ†‘63%$7,311,390โ†‘64%
2022$2,431,488โ†“4%$2,879,433โ†‘14%$4,452,560โ†“10%
2021$2,542,729โ†‘20%$2,535,106โ†‘1%$4,955,982โ†“1%
2020$2,120,337โ†“36%$2,506,240โ†“27%$5,002,706โ†“5%
2019$3,305,759โ†‘21%$3,440,022โ†‘61%$5,271,240โ†“2%
2018$2,741,143โ†‘14%$2,130,324โ†“6%$5,384,044โ†‘11%
2017$2,412,836โ†‘23%$2,269,085โ†‘10%$4,857,766โ†‘5%
2016$1,957,244โ†“24%$2,064,353โ†“8%$4,630,106โ†“2%
2015$2,571,020โ†‘32%$2,239,806โ†‘39%$4,732,473โ†‘7%
2014$1,948,231โ†‘54%$1,616,978โ†‘21%$4,412,760โ†‘8%
2013$1,263,422โ†“26%$1,332,920โ†‘2%$4,088,708โ†“2%
2012$1,705,840โ†‘14%$1,311,801โ†‘9%$4,182,545โ†‘11%
2011$1,499,423$1,205,167$3,778,042

Frequently Asked Questions

What does Magnificat Houses Inc do?โ–ผ

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?โ–ผ

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?โ–ผ

Magnificat Houses Inc reports $3.4M in annual revenue and holds $6.7M in total assets, based on IRS filings.

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Magnificat Houses Inc โ€” Houston, TX | GiveScope