Miracle Letter Program

Analysis

Miracle Letter Program is a registered charity in United States, based in Sterling, CO. It received its IRS tax-exemption ruling in March 2011, 15 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, Miracle Letter Program reported income of $137k and spending of $120k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $169k to $137k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Miracle Letter Program sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within CO. Charities of a similar size with the same main cause include North Carolina Independent Living of Deaf Persons Inc ($137k), Women of Wisdom Inc ($137k) and Jackson County Child Care Network Inc ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.7% and program service revenue 89% of the total. At year end it held assets of $169k against liabilities of $0, net assets of $169k.