Magnificat Houses Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Magnificat Houses, Inc. offers a welcoming community where those needing housing, food and mental health programs can grow in stability, productivity and independence.
- Income
- $6.3 million
- Spending
- $4.4 million
- Spent on programs
- 75%
- Reserves
- 2.1 months of spending
- Largest source of income
- investment income, 39%
- Employees
- 41
- Volunteers
- 1,834
- Highest pay
- $85,505, executive director (to 10/21/24)
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 65 out of 100. Higher than 46% of charities in its peer group (mental health, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 2.1 months of spending.
Debt
10 of 20It owes 41% of what it owns.
Living within its means
15 of 15Income exceeded spending by 31% of income.
Income trend
15 of 15Income rose 86% on the year before.
Spending floor
15 of 1575% of spending went to programs and raising each dollar of donations cost 15 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 69% of charities in its peer group (mental health, $1m to $10m).
Independent board
25 of 2515 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $1.9 million spent. 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.
- $552,705 spent. 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.
- $434,758 spent. 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.
- $330,606 spent. 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.
- $51,966 spent. Magnificat Houses, Inc. operated a retail training center and other activities to assist in providing rehabilitation. The center was closed during 2025.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1969.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.