Monthly Miracles

Analysis

Monthly Miracles is a registered charity in United States, based in Livermore, CA. It received its IRS tax-exemption ruling in February 2016, 10 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, Monthly Miracles reported income of $281k and spending of $273k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $216k to $281k (+31%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Monthly Miracles sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Assistance League of San Mateo County ($281k), Canopy Young Adult Community House ($281k) and Alpha Womens Center of Barry County ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $68k (25% of expenses). At year end it held assets of $99k against liabilities of $5,855, net assets of $93k. It reported 1 employees.