Miracle of America Story Inc
Analysis
Miracle of America Story Inc is a registered charity in United States, based in Polson, MT. It received its IRS tax-exemption ruling in July 1986, 40 years ago. 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, Miracle of America Story Inc reported income of $290k and spending of $125k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $149k to $290k (+94%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 283%. Over the whole period it spent 49% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Miracle of America Story 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 61st percentile, and in the 61st percentile within MT. Charities of a similar size with the same main cause include PTA Texas Congress ($290k), Syro Malabar Catholic Mission Ofgreater Washington Inc ($290k) and Winnetka Historical Society ($290k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 47% of the total. Other salaries and wages came to $28k. At year end it held assets of $1.8m against liabilities of $1,249, net assets of $1.8m. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 45%
- Program services 47%
- Other 8.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| PTA Texas Congress | Dallas | $290k |
| Syro Malabar Catholic Mission Ofgreater Washington Inc | Gaithersburg | $290k |
| Winnetka Historical Society | Winnetka | $290k |
| Pound Ridge Lions Ambulance Corps | Pound Ridge | $290k |