Miriam Foundation

Analysis

Miriam Foundation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in April 1957, 69 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Miriam Foundation reported income of $11.6m and spending of $11.6m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.0m to $11.6m (+44%), an average of +9.6% a year. The sharpest change came in the year to June 2020, when income rose by 62%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Miriam Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within MO. Charities of a similar size with the same main cause include Christian Academy of Indiana Inc ($11.6m), Ecumenical Community ($11.6m) and Camden Military Academy ($11.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $374k (3.2% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $34.1m against liabilities of $7.3m, net assets of $26.8m. It reported 238 employees.