Miracles Inc

Analysis

Miracles Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 March 2024, Miracles Inc reported income of $1.6m and spending of $1.6m, spending 101% of its income. Across the 6 years on record, from March 2019 to March 2024, income grew from $1.5m to $1.6m (+7.0%), an average of +1.4% a year. Over the whole period it spent 94% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Miracles Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within KS. Charities of a similar size with the same main cause include Coalition for Clean Air ($1.6m), Environmental Learning Centers of Connecticut Inc ($1.6m) and Friends of the Mounts Botanical Garden Inc ($1.6m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 69% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $103k (6.5% of expenses). Other salaries and wages came to $909k. At year end it held assets of $1.4m against liabilities of $165k, net assets of $1.2m. It reported 25 employees.