Mascot Miracle Foundation Inc

Analysis

Mascot Miracle Foundation Inc is a registered charity in United States, based in Tooele, UT. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Mascot Miracle Foundation Inc reported income of $977k and spending of $1.3m, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $446k to $977k (+119%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 57%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mascot Miracle Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within UT. Charities of a similar size with the same main cause include Ceiba Foundation for Tropical Conservation Incorporated ($977k), International Neuropsychological ($977k) and Soccer Assoc for Youth ($976k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $2,895 in professional fundraising fees. At year end it held assets of $415k against liabilities of $0, net assets of $415k.