League of Miracles Inc
Analysis
League of Miracles Inc is a registered charity in United States, based in Mooresville, IN. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, League of Miracles Inc reported income of $104k and spending of $94k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $104k (+17%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 86% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, League of Miracles Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within IN. Charities of a similar size with the same main cause include Quest Youth Organization Inc ($104k), MHS Rowing Association ($104k) and Financial Resources Fcu Foundationsinc ($104k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.6% of the total. At year end it held assets of $313k against liabilities of $9,536, net assets of $303k.
Income and spending
Where the income comes from
- Contributions & grants 93%
- Program services 6.6%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Quest Youth Organization Inc | Brooklyn | $104k |
| MHS Rowing Association | Melbourne | $104k |
| Financial Resources Fcu Foundationsinc | Branchburg | $104k |
| Tripp County 4-H Leaders Corporation | Winner | $104k |