Miracles Child Care Inc

Analysis

Miracles Child Care Inc is a registered charity in United States, based in Bryan, OH. It received its IRS tax-exemption ruling in February 2012, 14 years ago. 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 June 2024, Miracles Child Care Inc reported income of $514k and spending of $548k, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $345k to $514k (+49%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Miracles Child Care Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include St James Golden Age Center ($514k), White Feather Forest Inc ($514k) and Operation Hope of Greater Florida Inc ($514k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $62k (11% of expenses). Other salaries and wages came to $336k. At year end it held assets of $293k against liabilities of $14k, net assets of $279k. It reported 40 employees.