The Parker Miracle House Foundation Inc
The Parker Miracle House Foundation consistently maintains low expenses and zero liabilities, with no officer compensation.
EIN: 203308977 · Sumter, SC · NTEE: E60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13K |
| Total Expenses | $300 |
| Program Spending | 95% |
| CEO/Top Officer Pay | $12,000. |
| Net Assets | $38K |
| Transparency Score | 90/100 |
Is The Parker Miracle House Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Parker Miracle House Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Parker Miracle House Foundation Inc
The Parker Miracle House Foundation Inc (EIN: 203308977) is a nonprofit organization based in Sumter, SC, classified under NTEE code E60. The organization reported total revenue of $13K and total assets of $38K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Parker Miracle House Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Parker Miracle House Foundation Inc is a micro nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $300 |
| Surplus / Deficit | +$13K |
| Total Assets | $38K |
| Net Assets | $38K |
| Operating Margin | 97.7% |
| Months of Reserves | 1508.8 months |
Financial Health Grade: A
In 2022, The Parker Miracle House Foundation Inc reported a surplus of $13K with revenue exceeding expenses, holds 1508.8 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2012–2022), The Parker Miracle House Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -5.9% | -21.7% | +49.6% |
| 2021 | +24.2% | -97.5% | +110.3% |
| 2020 | +2.7% | +2743.1% | -27.7% |
| 2019 | -7.9% | -97.8% | +156.3% |
| 2018 | -7.7% | -2.9% | -67.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Parker Miracle House Foundation Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, The Parker Miracle House Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all 11 filings, indicating that no funds are allocated to officer salaries, which is highly commendable for an organization of its size with annual revenues around $12,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Parker Miracle House Foundation Inc's IRS 990 filings:
- Occasional expense spikes exceeding revenue (e.g., 201707, 201807, 202007) without clear explanation in provided data.
Strengths
The following positive indicators were identified for The Parker Miracle House Foundation Inc:
- Consistent 0% officer compensation across all filings.
- Zero liabilities reported in all available filings.
- Healthy asset growth from $5,788 to $37,720 over the decade.
- Low operational expenses relative to revenue in most years.
- Consistent IRS 990 filing history demonstrating transparency.
Frequently Asked Questions about The Parker Miracle House Foundation Inc
Is The Parker Miracle House Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Parker Miracle House Foundation Inc (EIN: 203308977) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does The Parker Miracle House Foundation Inc spend its money?
The Parker Miracle House Foundation Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Parker Miracle House Foundation Inc tax-deductible?
The Parker Miracle House Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203308977). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Parker Miracle House Foundation Inc CEO make?
The Parker Miracle House Foundation Inc's highest-compensated officer earns $12,000. annually. The organization reported $13K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does The Parker Miracle House Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), The Parker Miracle House Foundation Inc is above average for NTEE category E60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Parker Miracle House Foundation Inc located?
The Parker Miracle House Foundation Inc is headquartered in Sumter, South Carolina and files with the IRS under EIN 203308977. It is classified under NTEE code E60.
How many years of IRS 990 filings does The Parker Miracle House Foundation Inc have?
The Parker Miracle House Foundation Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $13K in total revenue.
Is The Parker Miracle House Foundation Inc a good charity?
Based on its financial data, the foundation appears to be a very good charity. It consistently reports 0% officer compensation, maintains zero liabilities, and in most years, keeps expenses significantly lower than revenue, indicating efficient use of funds and a strong focus on its mission.
How does The Parker Miracle House Foundation Inc manage its expenses?
The foundation generally manages its expenses very well, with expenses often being a small fraction of its revenue (e.g., $300 expenses vs. $12,804 revenue in 202207). However, there were a few years (201707, 201807, 202007) where expenses exceeded revenue, which might warrant further investigation into the nature of those specific expenditures.
What is the financial trend of The Parker Miracle House Foundation Inc?
The foundation shows a stable revenue trend, typically between $10,000 and $17,000 annually. Its assets have grown from $5,788 in 201307 to $37,720 in 202207, while consistently maintaining zero liabilities, indicating strong financial growth and stability.
Filing History
IRS 990 filing history for The Parker Miracle House Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2022), The Parker Miracle House Foundation Inc's revenue has declined by 12.1%, moving from $15K to $13K. Total assets increased by 294.5% over the same period, from $10K to $38K. Total functional expenses fell by 98.9%, from $28K to $300. In its most recent filing year (2022), The Parker Miracle House Foundation Inc reported a surplus of $13K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $13K | $300 | $38K | $0 | — | View 990 |
| 2021 | $14K | $383 | $25K | $0 | — | — |
| 2020 | $11K | $16K | $12K | $0 | — | View 990 |
| 2019 | $11K | $547 | $17K | $0 | — | View 990 |
| 2018 | $12K | $25K | $6K | $0 | — | View 990 |
| 2017 | $13K | $26K | $20K | $0 | — | View 990 |
| 2016 | $18K | $289 | $34K | $0 | — | View 990 |
| 2015 | $13K | $6K | $16K | $0 | — | View 990 |
| 2014 | $13K | $10K | $8K | $0 | — | View 990 |
| 2013 | $12K | $14K | $6K | $0 | — | View 990 |
| 2012 | $15K | $28K | $10K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $13K, expenses of $300, and assets of $38K (revenue -5.9% year-over-year).
- 2021: Revenue of $14K, expenses of $383, and assets of $25K (revenue +24.2% year-over-year).
- 2020: Revenue of $11K, expenses of $16K, and assets of $12K (revenue +2.7% year-over-year).
- 2019: Revenue of $11K, expenses of $547, and assets of $17K (revenue -7.9% year-over-year).
- 2018: Revenue of $12K, expenses of $25K, and assets of $6K (revenue -7.7% year-over-year).
- 2017: Revenue of $13K, expenses of $26K, and assets of $20K (revenue -29.9% year-over-year).
- 2016: Revenue of $18K, expenses of $289, and assets of $34K (revenue +37.1% year-over-year).
- 2015: Revenue of $13K, expenses of $6K, and assets of $16K (revenue -0.3% year-over-year).
- 2014: Revenue of $13K, expenses of $10K, and assets of $8K (revenue +9.5% year-over-year).
- 2013: Revenue of $12K, expenses of $14K, and assets of $6K (revenue -18.0% year-over-year).
- 2012: Revenue of $15K, expenses of $28K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Parker Miracle House Foundation Inc:
Data Sources and Methodology
This transparency report for The Parker Miracle House Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.