Miracle of the Hudson

Analysis

Miracle of the Hudson is a registered charity in United States, based in Fort Mill, SC. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Miracle of the Hudson reported income of $54k and spending of $64k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $94k to $54k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Miracle of the Hudson sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 27th percentile within SC. Charities of a similar size with the same main cause include Texas Pediatric Society Foundation ($54k), Texas Foundation for Maternal Infant and Lactation Knowledge ($55k) and AIDS Outreach ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 316% of the total. Other salaries and wages came to $38k. At year end it held assets of $13k against liabilities of $0, net assets of $13k. It reported 2 employees.