MAGnet HCCN is a private foundation categorized as Public Charity based in Lexington, MS. Its most recent IRS filing (2025) reports revenue of $2.0M, expenses of $2.1M, total assets of $20K. Imperigo tracks 49 reported grants from this foundation totaling approximately $8.5M.
Exclusively religious, charitable, scientific, literary or educational purposes, including for such purposes the making of distributions to organizations that qualify as exempt organizations under Section 501 (c) 3 of the Internal Revenue Code of 1986.
How MAGnet HCCN divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.
Showing up to 5 of 49 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.0M | $2.1M | $20K |
| 2024 | $1.9M | $1.9M | $207K |
| 2023 | $4.2M | $2.4M | $1.5M |
| 2022 | $725K | $1.0M | $203K |
Between 2022 and 2025, reported annual revenue grew from $725K to $2.0M (+173%), with total assets most recently reported at $20K.
Interactive year-over-year charts and full filing details available with membership.
Grants from this foundation were reported to recipients in MS.
Full geographic grant map with state-by-state breakdown available with membership.
