Mindful Miracle Inc

Analysis

Mindful Miracle Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Mindful Miracle Inc reported income of $932k and spending of $1.1m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $748k to $932k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mindful Miracle Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Northwoods Women Inc ($932k), Hospice and Palliative Care of Tidewater ($933k) and Forrest Valley Daycare Center Inc ($932k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $342k (30% of expenses). Other salaries and wages came to $480k. At year end it held assets of $41k against liabilities of $7,915, net assets of $33k. It reported 24 employees.