Legacies and Miracles Inc

Analysis

Legacies and Miracles Inc is a registered charity in United States, based in Covington, GA. It received its IRS tax-exemption ruling in December 2009, 17 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 December 2023, Legacies and Miracles Inc reported income of $138k and spending of $131k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $167k to $138k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Legacies and Miracles Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within GA. Charities of a similar size with the same main cause include Henry David Thoreau P T a ($138k), Accnj Scholarship Foundation ($138k) and Nativity Preservation Support Foundation ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.