Veterans Miracle Center

Analysis

Veterans Miracle Center is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Veterans Miracle Center reported income of $183k and spending of $142k, leaving 22% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $156k to $183k (+17%), an average of +3.2% a year. The sharpest change came in the year to December 2022, when income rose by 102%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Veterans Miracle Center sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within PA. Charities of a similar size with the same main cause include Tennessee Action Council ($183k), New Bees Thrift Store ($183k) and Fishes & Loaves Food Pantry Inc ($183k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $222k against liabilities of $0, net assets of $222k.