Paint a Miracle

Analysis

Paint a Miracle is a registered charity in United States, based in Rochester, MI. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Paint a Miracle reported income of $348k and spending of $292k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $223k to $348k (+56%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Paint a Miracle sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MI. Charities of a similar size with the same main cause include Trac Reports Inc ($348k), Hulls Angels Inc ($348k) and Ashuelot Concerts ($348k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 36% of the total. Other salaries and wages came to $119k. At year end it held assets of $422k against liabilities of $7,399, net assets of $414k. It reported 2 employees.