Miqlat

Analysis

Miqlat is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in December 2015, 11 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 2022, Miqlat reported income of $499k and spending of $240k, leaving 52% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $226k to $499k (+121%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 54% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Miqlat sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include His Hands Support Ministries ($499k), Kris Vallotton Ministries ($499k) and Fischer Family Ministries Inc ($499k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $486k against liabilities of $3,796, net assets of $482k.