Mias Miracles Foundation Inc

Analysis

Mias Miracles Foundation Inc is a registered charity in United States, based in Tequesta, FL. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mias Miracles Foundation Inc reported income of $561k and spending of $314k, leaving 44% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $446k to $561k (+26%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 46% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mias Miracles Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Reach Education Inc ($561k), Kemmerer Senior Citizens Center Inc ($561k) and Brenda Glass Multi Purpose Center ($561k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $56k (18% of expenses). At year end it held assets of $960k against liabilities of $0, net assets of $960k.