Meads Miracles Foundation Inc

Analysis

Meads Miracles Foundation Inc is a registered charity in United States, based in Trussville, AL. It received its IRS tax-exemption ruling in June 2023, 3 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Meads Miracles Foundation Inc reported income of $51k and spending of $50k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $53k to $51k (-3.9%), an average of -3.9% a year. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Meads Miracles Foundation Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within AL. Charities of a similar size with the same main cause include Stronger Than Parkinsons ($51k), Paths Straight Recovery ($51k) and Escanaba Rotary Trust Fund for Children with Special Needs ($51k).

At year end it held assets of $5,191 against liabilities of $0, net assets of $5,191.