Financials
Financials

Magic Bus is a 501(c)3 non-profit organization, registered with the IRS.

Transparency is one of the core pillars of Magic Bus and something we use to help build resilient relationships with all of our stakeholders. Within the organization, we uphold this value by utilizing sound accounting practices and ensuring that the communities in which we work have full access to any information they seek.

Magic Bus Operating Costs

Our mentorship-based model operates on economies of scale and leverages existing infrastructure:

  • One child can be sponsored for a full year for $25
  • One community program can be sponsored for $1,250

Breakdown of Operating Cost

GuideStar India Transparency Badge

GuideStar India is India’s largest and most reliable online information repository with 9000+ NGOs. We have been awarded the prestigious GuideStar India Advanced Level- Gold certification for 2019. We have joined India’s largest pool of credible NGOs after undergoing a rigorous due diligence process. GuideStar India’s Gold Certification is the Advanced Level certification indicating that high level of accountability and good governance procedures are adopted by the organization. It shares in the public domain, its tax returns filed within due date, audited annual accounts and auditor’s report submitted to tax authorities for two years and that there are no material qualifications in its audited accounts. To view our profile at GuideStar India, please click here.

Magic Bus' Training function is ISO 9001:2015 certified

Magic Bus’ Training function is now ISO 9001:2015 certified. This is a big milestone for our training function which is now validated to be in line with international QMS. We can now certify trainers as per training quality management systems.

Magic Bus USA 990 Tax Returns

Magic Bus India Foundation Audited Statement of Accounts

Download our Annual Report
Magic Bus Annual Reports
Download our Annual Report

You can support
children and young people’s journey
from Childhood to Livelihood.

Donate Now