Small Miracles Inc

Analysis

Small Miracles Inc is a registered charity in United States, based in Ocean Gate, NJ. It received its IRS tax-exemption ruling in September 2020, 6 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, Small Miracles Inc reported income of $65k and spending of $66k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $13k to $65k (+393%), an average of +393% a year. The sharpest change came in the year to December 2023, when income rose by 393%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Small Miracles Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 33rd percentile within NJ. Charities of a similar size with the same main cause include Lake Anna Rescue Inc ($65k), Visual Bucket List Foundation ($65k) and Step by Step Foundation Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,695 against liabilities of $0, net assets of $9,695.