Miracle Making Ministries Inc

Analysis

Miracle Making Ministries Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in March 1998, 28 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 2023, Miracle Making Ministries Inc reported income of $919k and spending of $965k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $715k to $919k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2020, when income rose by 415%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Miracle Making Ministries Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include Sephardic Center for Rabbinical and Secular Studies Inc ($918k), Pulse Parental Units Literally Supporting Everything Inc ($919k) and Family Foundations International ($918k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $57k (5.9% of expenses). Other salaries and wages came to $32k. At year end it held assets of $535k against liabilities of $150k, net assets of $385k. It reported 7 employees.