Miracle Minded Ministries 3

Analysis

Miracle Minded Ministries 3 is a registered charity in United States, based in Woodland Hills, CA. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Miracle Minded Ministries 3 reported income of $281k and spending of $305k, spending 109% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $351k to $281k (-20%), an average of -7.1% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Miracle Minded Ministries 3 sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Christian Radio International Inc ($281k), Iglesia Elim Plainfield NJ Nonprofit Inc ($281k) and Consequential Christianity ($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 $113k (37% of expenses). At year end it held assets of $87k against liabilities of $6,143, net assets of $81k. It reported 1 employees.