Miracle League of Louisville Inc

Analysis

Miracle League of Louisville Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 League of Louisville Inc reported income of $70k and spending of $108k, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $336k to $70k (-79%), an average of -32% a year. The sharpest change came in the year to December 2021, when income dropped by 60%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Miracle League of Louisville Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within KY. Charities of a similar size with the same main cause include Friends of the Hank Aaron State Trail Inc ($70k), Detroit Tradesmen Rugby Football Club ($70k) and Emerald City Supporters Football Club ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $53k against liabilities of $48k, net assets of $5,248.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.