Miraclefeet

Analysis

Miraclefeet is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 June 2023, Miraclefeet reported income of $14.3m and spending of $8.4m, leaving 41% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $8.5m to $14.3m (+68%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 159%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Miraclefeet sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include Wood River Health Services Inc ($14.2m), Easter Seals Southwest Florida Inc ($14.3m) and Community Health and Social Services Center Inc ($14.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $473k (5.7% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $18.1m against liabilities of $144k, net assets of $18.0m. It reported 32 employees.