Miracle Connect USA

Analysis

Miracle Connect USA is a registered charity in United States, based in Southlake, TX. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Connect USA reported income of $647k and spending of $643k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $291k to $647k (+122%), an average of +49% a year. The sharpest change came in the year to December 2022, when income rose by 192%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Miracle Connect USA sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Centering Space ($646k), Del Camino Connection NFP ($647k) and New Mt Calvary Christian Center ($646k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $53k. At year end it held assets of $26k against liabilities of $0, net assets of $26k.