Miracle Mile Community Practice

Analysis

Miracle Mile Community Practice is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Miracle Mile Community Practice reported income of $268k and spending of $274k, spending 102% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $215k to $268k (+25%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Miracle Mile Community Practice sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Greater Cincinnati Coalition for the Homeless ($268k), Strides to Success Inc ($268k) and Family Center Inc ($268k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $75k (27% of expenses). Other salaries and wages came to $81k. At year end it held assets of $46k against liabilities of $15k, net assets of $31k. It reported 4 employees.