Miracle League of Florence County

Analysis

Miracle League of Florence County is a registered charity in United States, based in Florence, SC. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2024, Miracle League of Florence County reported income of $194k and spending of $43k, leaving 78% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $48k to $194k (+302%), an average of +59% a year. The sharpest change came in the year to June 2022, when income rose by 179%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Miracle League of Florence County sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 59th percentile within SC. Charities of a similar size with the same main cause include Western Kentucky Little Britches Rodeo Association ($194k), Glendora Lassie League Inc ($194k) and Little League Baseball Inc ($194k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 24% of the total. At year end it held assets of $346k against liabilities of $0, net assets of $346k.