Making Miracles Support Foundation

Analysis

Making Miracles Support Foundation is a registered charity in United States, based in Myrtle Beach, SC. It received its IRS tax-exemption ruling in May 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Making Miracles Support Foundation reported income of $98k and spending of $108k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $119k to $98k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Making Miracles Support Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 42nd percentile within SC. Charities of a similar size with the same main cause include Flywire Charitable Foundation ($98k), Raising Spirits Inc ($98k) and Education Foundation of Greenville ($98k).

At year end it held assets of $7,927 against liabilities of $0, net assets of $7,927.