Professionals Miracles Foundation

Analysis

Professionals Miracles Foundation is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Professionals Miracles Foundation reported income of $78k and spending of $85k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $100k to $78k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 133% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Professionals Miracles Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within CO. Charities of a similar size with the same main cause include The Los Alamos Valley Mens Club ($78k), We Care Endowment ($78k) and Sons of Italy in America ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.