Building Miracles for Guatemala

Analysis

Building Miracles for Guatemala is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Building Miracles for Guatemala reported income of $68k and spending of $184k, spending 271% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $489k to $68k (-86%), an average of -86% a year. The sharpest change came in the year to December 2023, when income dropped by 86%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Building Miracles for Guatemala sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within TN. Charities of a similar size with the same main cause include Little League Baseball Inc ($68k), Prague Historical Society Inc ($68k) and Service League of Michigan City Indiana Inc ($68k).

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 $142k against liabilities of $0, net assets of $142k.