Miracle Fields of DFW Inc

Analysis

Miracle Fields of DFW Inc is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Miracle Fields of DFW Inc reported income of $130k and spending of $133k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $271k to $130k (-52%), an average of -17% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Miracle Fields of DFW Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Lake Stevens Riptide Select Baseball Program ($130k), Acrojets Gymnastics Booster Club Inc ($130k) and Rochester Active Sports Community ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 6.5% of the total. At year end it held assets of $406k against liabilities of $1,921, net assets of $404k.