Miravida Living Inc

Analysis

Miravida Living Inc is a registered charity in United States, based in Oshkosh, WI. It received its IRS tax-exemption ruling in November 1961, 65 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Miravida Living Inc reported income of $4.7m and spending of $3.3m, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $4.7m (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Miravida Living Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within WI. Charities of a similar size with the same main cause include Grace House Ministries Incorporated ($4.7m), South Florida Wellness Network Inc ($4.7m) and Prospects Opportunity and Enrichment Inc ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $761k (23% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $12.2m against liabilities of $600k, net assets of $11.6m. It reported 49 employees.