DEMOGRAPHIC
ADDRESS
1210 ORCHARD CIR
21801
COUNTY
wicomico county, MD
IN CARE OF NAME
BONNIE LUNA
ORGANIZATIONAL OVERVIEW & RANKINGS
MAGI-FUND INC is a based in SALISBURY, MD, focused on Human Services - Multipurpose and Other causes , specifically Human Service Organizations - Multipurpose. Established in July 1995, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $792,208.00, this ranks 239,854 among 2,656,690 nonprofits nationally (Top 10%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 4,840 out of 58,073 organizations in MD (Top 9%).
In wicomico county, MD, the organization ranks 79 out of 862 nonprofits by assets (Top 9%), while locally in salisbury, it stands at 64 among 651 organizations (Top 10%).
The organization reported annual revenue of $104,102.00, ranking 387,301 nationally (Top 15%) and 7,930 in MD (Top 14%).
Within its specific NTEE classification (P20 - P: Human Services - Multipurpose and Other), which includes 71,663 similar organizations, MAGI-FUND INC ranks 2,530 in assets (Top 4%) and 8,210 in revenue (Top 12%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Described in section 170 b 1 a vi of the Code
Supplying money goods or services to the poor
NTEE COMMON CODE
P: Human Services - Multipurpose and Other
NTEE CODE
P20: Human Service Organizations - Multipurpose
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$104,102.00
FORM 990 REVENUE AMOUNT
$104,102.00
RULING DATE
07/1995
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$792,208.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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