Jenna Kast Believe in Miracles Foundation

Analysis

Jenna Kast Believe in Miracles Foundation is a registered charity in United States, based in Troy, MI. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Jenna Kast Believe in Miracles Foundation reported income of $168k and spending of $295k, spending 176% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $202k to $168k (-17%), an average of -8.8% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 122% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jenna Kast Believe in Miracles Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within MI. Charities of a similar size with the same main cause include Pandas Fight Against Cancer Inc ($168k), Bosom Buddies Charities Inc ($168k) and Comprehensive Human Services Foundation ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $46k. At year end it held assets of $194k against liabilities of $18k, net assets of $177k. It reported 4 employees.