Miracles in Motion Therapeutic Equestrian Center

Analysis

Miracles in Motion Therapeutic Equestrian Center is a registered charity in United States, based in Swisher, IA. It received its IRS tax-exemption ruling in July 1989, 37 years ago. 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, Miracles in Motion Therapeutic Equestrian Center reported income of $763k and spending of $306k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $167k to $763k (+356%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Miracles in Motion Therapeutic Equestrian Center sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within IA. Charities of a similar size with the same main cause include American Council for Construction Education Inc ($762k), Door County Historical Society ($763k) and Avon Free Library ($762k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 3.4% of the total. Other salaries and wages came to $171k. At year end it held assets of $1.3m against liabilities of $19k, net assets of $1.3m. It reported 4 employees.