Mira Foundation USA Inc

Analysis

Mira Foundation USA Inc is a registered charity in United States, based in Southern Pnes, NC. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mira Foundation USA Inc reported income of $128k and spending of $142k, spending 111% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $196k to $128k (-35%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mira Foundation USA Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NC. Charities of a similar size with the same main cause include Your Place at the Table a NJ Non Profit Corporation ($128k), Quanah Senior Citizen Center Inc ($128k) and Freedom House for Women Inc ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $493k against liabilities of $4,363, net assets of $488k.