Miracle Life Ministries Inc

Analysis

Miracle Life Ministries Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in September 1991, 35 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 Life Ministries Inc reported income of $105k and spending of $106k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $105k (+5.8%), an average of +5.8% a year. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Miracle Life Ministries Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Gods Handywork Inc ($105k), Iglesia de Jesucristo Descanso de Vida ($105k) and Committee for Jewish Advancement and Research Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $67k against liabilities of $13k, net assets of $54k.