Milagro Foundation

Analysis

Milagro Foundation is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Milagro Foundation reported income of $486k and spending of $736k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $949k to $486k (-49%), an average of -15% a year. The sharpest change came in the year to December 2022, when income dropped by 131%. Over the whole period it spent 125% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Milagro Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Institute for Representative Govt Inc ($486k), Vision for the Poor ($486k) and Friends of the Americas ($485k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% of the total. Compensation of current officers, directors and key employees was $169k (23% of expenses). At year end it held assets of $2.4m against liabilities of $624, net assets of $2.4m. It reported 2 employees.