Credit Union Miracle Day Committee Inc

Analysis

Credit Union Miracle Day Committee Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 June 2024, Credit Union Miracle Day Committee Inc reported income of $722k and spending of $775k, spending 107% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $897k to $722k (-20%), an average of -4.3% a year. The sharpest change came in the year to June 2023, when income rose by 101%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Credit Union Miracle Day Committee Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 49th percentile within DC. Charities of a similar size with the same main cause include St Pauls Episcopal School Foundation Inc ($721k), The Northern New Jersey Community Foundation ($722k) and Vincent B and Barbara G Welch Supporting Organization ($720k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $375k against liabilities of $271k, net assets of $103k.