Miracles in Action Inc

Analysis

Miracles in Action Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Miracles in Action Inc reported income of $278k and spending of $261k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $297k to $278k (-6.5%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income rose by 192%. Over the whole period it spent 70% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Miracles in Action Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Amrita-Seattle ($278k), Kindred Journey Fund Inc ($278k) and Mission Housing Ministries Inc ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $1.1m against liabilities of $2,103, net assets of $1.1m.