Merediths Miracles Inc

Analysis

Merediths Miracles Inc is a registered charity in United States, based in Andalusia, AL. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Merediths Miracles Inc reported income of $558k and spending of $387k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $558k (+120%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Merediths Miracles Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within AL. Charities of a similar size with the same main cause include Morgans Message Inc ($558k), Outcare Health Inc ($558k) and Crossroads Pregnancy Care ($558k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. Compensation of current officers, directors and key employees was $62k (16% of expenses). Other salaries and wages came to $83k. At year end it held assets of $540k against liabilities of $93k, net assets of $446k. It reported 10 employees.