Miracle of Nazareth International Foundation Inc

Analysis

Miracle of Nazareth International Foundation Inc is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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 of Nazareth International Foundation Inc reported income of $639k and spending of $7,005, leaving 99% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $76k to $639k (+742%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 768%. Over the whole period it spent 34% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Miracle of Nazareth International Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 71st percentile within MO. Charities of a similar size with the same main cause include Parlor Room ($639k), Childrens Museum of Eau Claire Foundation Inc ($639k) and Hawaii Global Education Foundation ($639k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.