Alpha Omega Miracle Home Inc

Analysis

Alpha Omega Miracle Home Inc is a registered charity in United States, based in St Augustine, FL. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Alpha Omega Miracle Home Inc reported income of $3.9m and spending of $1.7m, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $3.9m (+269%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 133%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alpha Omega Miracle Home 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 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Alcoholic Anonymous Grapevine Inc ($3.9m), Young Mens Christian Association of the Upper Pee Dee ($3.9m) and Bayshore Brightwaters Rescue Ambulance Inc ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Other salaries and wages came to $660k. At year end it held assets of $7.0m against liabilities of $1.3m, net assets of $5.7m. It reported 34 employees.