Miracles Counseling Center

Analysis

Miracles Counseling Center is a registered charity in United States, based in Redondo Beach, CA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Miracles Counseling Center reported income of $1.2m and spending of $1.0m, spending 83% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $400k to $1.2m (+208%), an average of +75% a year. The sharpest change came in the year to June 2023, when income rose by 109%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Miracles Counseling Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Pivot Ministries Inc ($1.2m), Project Safe Inc ($1.2m) and Foundation for Public Relations Research and Education Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $191k (19% of expenses). Other salaries and wages came to $360k. At year end it held assets of $559k against liabilities of $321k, net assets of $239k. It reported 12 employees.