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Texas · Nonprofit

Magnificat Houses Inc

Magnificat Houses Inc (Texas) receives grants from 53 organizations whose IRS filings report $3,002,092 to it, the largest being The Houston Food Bank ($622,120). 32 of them have funded it in more than one year.

Revenue FY2025
$6.3M
Funders on record
53
Grants received
$3.0M
Net assets
$5.9M
32/53 repeat funderspeak grant-dependency 12%
01What it does

What Magnificat Houses Inc does

Mission

Magnificat Houses, Inc. offers a welcoming community where those needing housing, food and mental health programs can grow in stability, productivity and independence.

As stated on its FY2025 Form 990.

Programs

  1. Magnificat Houses, Inc. works to rebuild lives in a stable family atmosphere where residents live, work and play together. Altogether, our 14 safe, dignified neighborhood homes house up to 105 men and women. Through participation in our community and our programs, residents work toward stability and, if possible, full independence. The Organization provides emergency residences for 1 to 90 nights, permanent supportive homes and single occupancy units. Residents share household chores and responsibilities, respect one another's traditions, celebrate holidays and birthdays together, and participate in day trips.

    $1,911,932 spentof which $388,089 as grants$257,153 earned by the program
    58% of program spending
  2. Loaves & Fishes is a large soup kitchen where 200 to 300 of Houston's chronically hungry gather six days a week for nutritious, hot, home-cooked lunches prepared by our staff and served by volunteers. In 2025, Loaves & Fishes relocated from downtown Houston to MHI's central campus in Midtown Houston where it continues to serve Houston's street community.

    $552,705 spentof which $382,830 as grants
    17% of program spending
  3. Magnificat Houses, Inc. offers uplifting, empowering programs for those with mental health diagnoses through St. Joseph Clubhouse (located in Midtown Houston) which is SAMHSA approved and certified by the International Center for Clubhouse Development (ICCD). In this community, members participate fully in daily operations and decision making and demonstrate that mental illness need not carry a stigma - that, given the tools, people with mental health concerns can be productive members of society with much to offer.

    $434,758 spent
    13% of program spending
  4. In October 2022, Magnificat Houses, Inc. (MHI) and a not-for-profit provider of affordable housing finalized a 99-year ground lease of land from MHI on which a 149-unit apartment development, known as RoseMary's Place, was built for those experiencing homelessness in Houston. Construction was completed in April 2025. While MHI does not operate the development, it does provide wraparound support services facilitated by case managers and social workers to residents of RoseMary's Place.

    $330,606 spentof which $32,835 as grants$617,897 earned by the program
    10% of program spending
  5. Magnificat Houses, Inc. operated a retail training center and other activities to assist in providing rehabilitation. The center was closed during 2025.

    $51,966 spent$25,204 earned by the program
    2% of program spending

The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,281,967.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.4M) Expenses 100 ($2.3M) Net assets 100 ($4.8M)2018 Revenue 114 ($2.7M) Expenses 94 ($2.1M) Net assets 113 ($5.4M)2019 Revenue 137 ($3.3M) Expenses 152 ($3.4M) Net assets 110 ($5.2M)2020 Revenue 88 ($2.1M) Expenses 110 ($2.5M) Net assets 102 ($4.9M)2021 Revenue 105 ($2.5M) Expenses 112 ($2.5M) Net assets 103 ($4.9M)2022 Revenue 101 ($2.4M) Expenses 127 ($2.9M) Net assets 92 ($4.4M)2023 Revenue 126 ($3.0M) Expenses 207 ($4.7M) Net assets 59 ($2.8M)2024 Revenue 141 ($3.4M) Expenses 167 ($3.8M) Net assets 53 ($2.5M)2025 Revenue 262 ($6.3M) Expenses 193 ($4.4M) Net assets 123 ($5.9M)
'17'18'19'20'21'22'23'24'25
Revenue (262)Expenses (193)Net assets (123)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $6.7M to $9.9M (+46%).

$4.9M
$5.4M
$5.3M
$5.0M
$5.0M
$4.5M
$7.3M
$6.7M
$9.9M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 27% · 2022 12% · 2023 15% · 2024 10% · 2025 12%. Grants only. Government contracts and fees sit inside program revenue.

46% of Magnificat Houses Inc’s revenue is contributions — about as donation-reliant as the typical peer (51% for the typical peer).

This organization
Typical peer · 8,632 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

$144k
’17
$611k
’18
−$134k
’19
−$386k
’20
$8k
’21
−$448k
’22
−$1.7M
’23
−$391k
’24
$1.9M
’25
0.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Meredith Vaughn

Executive Director (to 10/21/24)

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed151715151817172121
Joined·+5+6+2+4+2+6+5+6
No longer listed·38213616
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 8 funders to 25 funders, grant income rose $73k → $295k.

12 of 53 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 32% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Magnificat Houses Inc’s funders (the co-funder graph). Top 30 of 53 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Magnificat Houses Inc has a broad base — no single funder exceeds 21% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

68% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Magnificat Houses Inc.

21%
largest funder
39%
top three
~12
effective funders

Largest funder’s share by year: 2017 34% · 2018 36% · 2019 34% · 2020 33% · 2021 28% · 2022 21% · 2023 20% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

44% of Magnificat Houses Inc's funders are still giving 3 years after their first grant; 60% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

85% of Magnificat Houses Inc's grant income comes from Texas funders.

IL
PA
NJ
CA
MO
MD
AZ
NC
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Texas out of state home

Funder states come from each funder’s own filing. $962k arriving through sponsors registered in 10 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Magnificat Houses Inc runs a healthier operating margin than three-quarters of the 5,002 health nonprofits its size.

Operating margin31% · top quartile
Months of reserve0.4mo · bottom quartile
Revenue growth (annualized)13% · above the median

this organization peer median middle 50% of peers· 5,002 health nonprofits $1M–$10M, FY2025

Government funding Magnificat Houses Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $648k on record.

Federal$648k
grants $648kcontracts $0
Top agencies
  • Department of Housing and Urban Development$648k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Magnificat Houses Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

75% of spending goes to programs.

Program 75%Management 15%Fundraising 10%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

86%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 6 related entities

  • MHI Caroline MM LLC · disregarded
  • MHI Developer LLC · disregarded
  • MHI Landholdings LLC · disregarded
  • MHI Supportive Services LLC · disregarded
  • Daybreak Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Magnificat Houses Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Magnificat Houses Inc?
Magnificat Houses Inc (Texas) receives grants from 53 organizations whose IRS filings report $3,002,092 to it, the largest being The Houston Food Bank ($622,120). 32 of them have funded it in more than one year.
How many funders does Magnificat Houses Inc have?
IRS filings report 53 organizations giving $3,002,092 in grants to Magnificat Houses Inc, 32 of which have funded it in more than one year.
Who is the largest funder of Magnificat Houses Inc?
The Houston Food Bank is the largest funder on record, with $622,120 in grants. The full list of funders is on this page.
How can an organization like Magnificat Houses Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 53 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing