Miracle Field of Horsham Pa

Analysis

Miracle Field of Horsham Pa is a registered charity in United States, based in Horsham, PA. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Field of Horsham Pa reported income of $115k and spending of $2,884, leaving 98% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $239k to $115k (-52%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 1.0% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Miracle Field of Horsham Pa sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include Chandler Youth Baseball Inc ($115k), Wisconsin Soccer Leagues Inc ($115k) and Northern Virginia B M X Parents Assn ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $351k against liabilities of $0, net assets of $351k.