Corporacion Milagros Del Amor

Analysis

Corporacion Milagros Del Amor is a registered charity in United States, based in Caguas, PR. It received its IRS tax-exemption ruling in March 2005, 21 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 December 2023, Corporacion Milagros Del Amor reported income of $887k and spending of $887k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $991k to $887k (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Corporacion Milagros Del Amor sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 68th percentile within PR. Charities of a similar size with the same main cause include Camden Community Crisis Center Inc ($887k), Wings of Refuge ($887k) and Casa Latinos Unidos de Benton County ($887k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $53k (6.0% of expenses). Other salaries and wages came to $398k. At year end it held assets of $519k against liabilities of $31k, net assets of $488k. It reported 21 employees.