Miccosukee Corporation

Analysis

Miccosukee Corporation is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in February 1975, 51 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 September 2023, Miccosukee Corporation reported income of $28.9m and spending of $27.8m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $23.4m to $28.9m (+23%), an average of +5.4% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Miccosukee Corporation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Presbyterian Seniorcare ($28.9m), Excentia Human Services ($28.9m) and Marys Place Seattle ($28.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $821k (2.9% of expenses). Other salaries and wages came to $13.7m. At year end it held assets of $21.3m against liabilities of $16.9m, net assets of $4.4m. It reported 265 employees.