Carolina Miracle League Inc

Analysis

Carolina Miracle League Inc is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in January 2008, 18 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, Carolina Miracle League Inc reported income of $179k and spending of $94k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $139k to $179k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Carolina Miracle League Inc 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 51st percentile, and in the 57th percentile within SC. Charities of a similar size with the same main cause include Vision Cashiers Inc ($179k), All Gods People NFP ($179k) and Shining Light Garden Foundation Inc ($179k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 6.7% of the total. At year end it held assets of $382k against liabilities of $1,655, net assets of $380k.