Cherished Miracles Learning Center Inc
Analysis
Cherished Miracles Learning Center Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in April 2025. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2019, Cherished Miracles Learning Center Inc reported income of $1.7m and spending of $1.4m, spending 82% of its income. Across the 3 years on record, from December 2017 to December 2019, income grew from $934k to $1.7m (+79%), an average of +34% a year. The sharpest change came in the year to December 2018, when income rose by 39%. Over the whole period it spent 84% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cherished Miracles Learning Center Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include St Marys Independent Living Extension ($1.7m), Yes U Can Foundation NFP ($1.7m) and Uplift Community Action Inc ($1.7m).
On its Form 990 for the period ending December 2019, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $60k (4.4% of expenses). Other salaries and wages came to $775k. At year end it held assets of $1.5m against liabilities of $1.2m, net assets of $308k. It reported 60 employees.
Income and spending
Where the income comes from
- Contributions & grants 11%
- Program services 89%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| St Marys Independent Living Extension | Lawrenceville | $1.7m |
| Yes U Can Foundation NFP | Tinley Park | $1.7m |
| Uplift Community Action Inc | Richmond | $1.7m |
| Alliance for Community Peace | Chicago | $1.7m |