Mission
TO PROVIDE AFFORDABLE HOUSING TO LOW INCOME INDIVIDUALS AND THEIR FAMILIES.
Small Public Charity
MAGNOLIA HOUSING INC
MAGNOLIA HOUSING INC is a private foundation categorized as Small Public Charity based in NORTH BETHESDA, MD. Its most recent IRS filing (2024) reports revenue of $3K, expenses of $694K. Imperigo tracks 1 reported grants from this foundation totaling approximately $8.2M.
EIN: 521795395
NORTH BETHESDA, MD
Housing & Shelter N.E.C.
NTEE: L99
Latest filing: 2024
Total Revenue$3K
Total Expenses$694K
Grants Given1
Grant Total$8.2M
Filing Years2019–2024
Where $100 goes at Magnolia Housing Inc
How Magnolia Housing Inc divides every $100 it spends, from its own Form 990-EZ filings, averaged across 7 years.
$98
Programs
the work itself
$2
Everything else
operations and overhead
Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.
Inside the $98 for programs
$98
To provide affordable housing to low income individuals and their families
Source: Form 990-EZ filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
$8,226,331
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
DIRECTOR
Marc Weller
DIRECTOR
Robert Custer
PRESIDENT
Todd Travis
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $3K | $694K | — |
| 2023 | $1.0M | — | — |
| 2022 | $1.2M | $11.4M | $5.9M |
| 2020 | $1.4M | $1.1M | $15.1M |
| 2019 | $1.1M | $2.0M | $6.3M |
Between 2019 and 2024, reported annual revenue declined from $1.1M to $3K (-100%).
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in MD.
MD
Full geographic grant map with state-by-state breakdown available with membership.