Magic Penny Inc

Organization Overview

Magic Penny Inc is located in E Northport, NY. The organization was established in 2005. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magic Penny Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending undefined, Magic Penny Inc generated $12.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $10.8k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.

Limited Data Available: This organization filed their most recent 990 in paper format. This filing methodology limits the information that can be extracted from the filing.

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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$11,934
Total Program Service Revenue$68
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$12,003

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