Miracle Dancer Scholarship Foundation Inc

Analysis

Miracle Dancer Scholarship Foundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Miracle Dancer Scholarship Foundation Inc reported income of $64k and spending of $95k, spending 149% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $43k to $64k (+47%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 127%. Over the whole period it spent 117% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Miracle Dancer Scholarship Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within KY. Charities of a similar size with the same main cause include The Westbrook Education Foundation ($64k), Teutopolis Sportsbackers Club ($64k) and Barnette Elementary PTO Inc ($64k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.