Miracle of Help USA Inc

Analysis

Miracle of Help USA Inc is a registered charity in United States, based in Cold Spring Harbor, NY. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Help USA Inc reported income of $98k and spending of $129k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $191k to $98k (-48%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 91% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Miracle of Help USA Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Kids for Him Inc ($98k), United States Servas Inc ($98k) and Only a Child Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $134k against liabilities of $0, net assets of $134k.