Miracle Hill Ministries, Inc. 
The information on this page was last updated 9/28/2023. If you see errors or omissions, please email: [email protected]
Summary
Miracle Hill Ministries is South Carolina's largest and most comprehensive provider of homeless services.
At our core, we exist to serve the homeless-physically, emotionally, and spiritually. We help point individuals to Christ so that they may move toward wholeness, stability, and healthy relationships.
Homeless Ministries - Miracle Hill operates four adult rescue missions across the Upstate. These allow us to provide emergency shelter and community for people who need it most.
Children's Ministries - Through our Children's Home - a foster care community and Foster Care Program, Miracle Hill acts as a place of refuge for children.
Addiction Recovery - We empower men and women to live drug & alcohol free lifestyles using a Biblical adaptation of the 12-step recovery model.
Contact information
Mailing address:
Miracle Hill Ministries, Inc.
490 S. Pleasantburg Drive
Greenville, SC 29607
Website: www.miraclehill.org
Phone: (864) 268-4357
Email: [email protected]
Organization details
EIN: 570425826
CEO/President: Ryan Duerk
Chairman: K. Miller
Board size: 12
Founder: local businessmen
Ruling year: 1958
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 1992
Purpose
Miracle Hill Ministries is a nonprofit organization in the Upstate of South Carolina dedicated to providing extensive services to adults in the form of food, shelter, clothing, counseling, personal development, and addiction recovery. We also serve children who have been removed from their families through our foster home community and residential foster care program. As an evangelical, gospel-infused mercy ministry, Jesus Christ is at the center of all that we do.
Vision: Upstate South Carolina has sufficient resources and services that are Christ centered and accessible for all who are experiencing homelessness.
Mission statement
Miracle Hill exists that homeless children and adults receive food and shelter with compassion, hear the Good News of Jesus Christ, and move toward healthy relationships and stability.
Statement of faith
We Believe...
The Bible to be the only inspired, infallible, inerrant and authoritative Word of God. 2 Tim. 3:16; 2 Pet 1:20-21
That there is one God, creator of heaven and earth, eternally existent in three distinctive persons: the Father, Son, and Holy Spirit. 1 Tim. 2:5; Gen 1:1; Mt. 3:16-17; Mt. 28:19; 2 Cor. 13:14; John 10:30
In the deity and humanity of Jesus Christ; that He was born of a virgin; that we are redeemed by His atoning death through His shed blood; that He bodily resurrected and ascended into heaven and that He will come again in power and great glory to judge the living and the dead. Eph. 1:7-10; Acts 1:9-11; Mt. 1:23-25; 1 Cor. 15:1-8; 2 Tim. 4:1
In the value and dignity of all people created in God's image, but alienated from God and each other because of our sin and guilt and justly subject to God's wrath. Gen. 1:26-27; Psalm 139:13; Mt. 22:37-39; Rom. 12:20-21; Gal. 6:10; Eph. 2:1-3; Rom. 5:12
That regeneration by the Holy Spirit by grace through faith is essential for the salvation of lost and sinful people. Tit. 3:4-7; Eph. 2:8-9; 2 Cor. 6:2
In the forgiveness of sins, the resurrection of the body, and life everlasting solely through repentance and faith in Jesus Christ. Col. 1:13-14; 1 Thess. 4:16-17; John 3:16
That the Holy Spirit unites all believers in the Lord Jesus Christ and that together they form one body - the church. 1 Cor. 12:12-13; 1 Cor. 12:27
God ordained the family as the foundational institution of human society. It is composed of persons related to one another by marriage, blood or adoption, and that God's design for marriage is the legal joining of one man and one woman in a life-long covenant relationship. Gen. 1:26-28; Eph. 5:21-6:4; Mt. 19:4-6
God creates each person as either male or female, and these two distinct, complementary sexes, together reflect the image and nature of God. Gen. 1:27; Gen. 2:18
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 327 of 1118 | 48 of 138 |
| Fund acquisition rating | | 343 of 1119 | 37 of 138 |
| Resource allocation rating | | 397 of 1119 | 59 of 138 |
| Asset utilization rating | | 553 of 1118 | 73 of 138 |
Financial ratios
| Funding ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 12% | 8% | 7% | 7% | 8% | 7% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 7% | 7% | 6% | 6% | 7% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 92% | 95% | 92% | 84% | 95% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 8% | 8% | 8% | 7% | 7% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 8% | 5% | 8% | 16% | 5% |
| Operating ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 80% | 81% | 80% | 81% | 80% | 81% |
Spending ratio Spending ratio = Total expenses / Total revenue | 95% | 93% | 87% | 83% | 86% | 101% |
Program output ratio Program output ratio = Program services / Total revenue | 75% | 76% | 70% | 67% | 69% | 81% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 5% | 7% | 13% | 17% | 14% | -1% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | 5% | 9% | 13% | 11% | -1% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 11% | 12% | 12% | 12% | 13% |
| Investing ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.55 | 0.51 | 0.52 | 0.51 | 0.55 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.95 | 5.49 | 4.72 | 4.21 | 4.76 | 5.31 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.75 | 3.02 | 2.43 | 2.18 | 2.43 | 2.89 |
| Liquidity ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.50 | 9.49 | 8.65 | 12.18 | 8.30 | 6.06 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.11 | 0.12 | 0.08 | 0.12 | 0.17 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.33 | 3.56 | 4.38 | 5.05 | 4.34 | 3.46 |
| Solvency ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 16% | 21% | 21% | 23% | 30% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 14% | 18% | 18% | 19% | 26% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 154% | 152% | 154% | 153% | 152% | 129% |
Financials
| Balance sheet | |||||
| Assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Cash | $5,735,568 | $6,899,912 | $6,771,122 | $5,874,162 | $4,500,768 |
| Receivables, inventories, prepaids | $1,716,208 | $1,635,285 | $1,710,862 | $1,438,544 | $1,568,224 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $7,451,776 | $8,535,197 | $8,481,984 | $7,312,706 | $6,068,992 |
| Long-term investments | $15,195,100 | $13,558,040 | $10,411,014 | $9,366,260 | $7,584,204 |
| Fixed assets | $17,028,935 | $18,136,616 | $16,719,850 | $18,047,965 | $18,462,119 |
| Other long-term assets | $1,204,856 | $90,403 | $99,766 | $109,166 | $90,065 |
| Total long-term assets | $33,428,891 | $31,785,059 | $27,230,630 | $27,523,391 | $26,136,388 |
| Total assets | $40,880,667 | $40,320,256 | $35,712,614 | $34,836,097 | $32,205,380 |
| Liabilities | 2024 | 2023 | 2022 | 2021 | 2020 |
| Payables and accrued expenses | $785,394 | $986,541 | $696,512 | $881,044 | $1,001,985 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $785,394 | $986,541 | $696,512 | $881,044 | $1,001,985 |
| Debt | $5,743,753 | $7,199,019 | $6,450,571 | $6,780,171 | $8,289,775 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $190,190 | $203,131 | $210,731 | $225,903 | $239,525 |
| Total long-term liabilities | $5,933,943 | $7,402,150 | $6,661,302 | $7,006,074 | $8,529,300 |
| Total liabilities | $6,719,337 | $8,388,691 | $7,357,814 | $7,887,118 | $9,531,285 |
| Net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Without donor restrictions | $26,189,117 | $23,344,448 | $20,928,612 | $20,432,568 | $15,176,876 |
| With donor restrictions | $7,972,213 | $8,587,117 | $7,426,188 | $6,516,411 | $7,497,219 |
| Net assets | $34,161,330 | $31,931,565 | $28,354,800 | $26,948,979 | $22,674,095 |
| Revenues and expenses | |||||
| Revenue | 2024 | 2023 | 2022 | 2021 | 2020 |
| Total contributions | $22,294,413 | $22,474,599 | $20,613,204 | $17,548,039 | $16,596,524 |
| Program service revenue | $640,340 | $660,328 | $614,570 | $2,416,255 | $456,061 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $1,229,665 | $576,266 | $899,319 | $878,262 | $454,843 |
| Other revenue | ($1,752) | $13,622 | $187,883 | ($73,038) | ($98,544) |
| Total other revenue | $1,868,253 | $1,250,216 | $1,701,772 | $3,221,479 | $812,360 |
| Total revenue | $24,162,666 | $23,724,815 | $22,314,976 | $20,769,518 | $17,408,884 |
| Expenses | 2024 | 2023 | 2022 | 2021 | 2020 |
| Program services | $18,268,837 | $16,525,802 | $14,942,204 | $14,279,608 | $14,148,484 |
| Management and general | $2,490,431 | $2,580,639 | $2,163,007 | $2,169,009 | $2,217,659 |
| Fundraising | $1,731,840 | $1,594,917 | $1,389,740 | $1,320,296 | $1,192,110 |
| Total expenses | $22,491,108 | $20,701,358 | $18,494,951 | $17,768,913 | $17,558,253 |
| Change in net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Surplus (deficit) | $1,671,558 | $3,023,457 | $3,820,025 | $3,000,605 | ($149,369) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $1,671,558 | $3,023,457 | $3,820,025 | $3,000,605 | ($149,369) |
Compensation
| Name | Title | Compensation |
| Ryan Duerk | Pres/CEO | $166,031 |
| Rick Ingram | CFO/Treas | $137,263 |
| Jacob Edmisten | Cdo | $114,019 |
| Justin Boles | COO | $58,187 |
Compensation data as of: 6/30/2024
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 9/28/2023. To update the information below, please email: [email protected]
History
The Great Depression gave a new meaning to the word "despair," especially for those who did not know where they would sleep or how their next meal would be supplied. With a heart for the hurting and a desire to share the Gospel, in 1937, a group of local businessmen responded to the need by creating a soup kitchen and small mission in Greenville, South Carolina.
With the support of the community, a lodge was built in 1948 with 12 beds for transient men on the first floor and mothers with children on the second. This "Gospel Rescue Mission" grew along with the ever-increasing population of people experiencing homelessness, adding programs and shelters as the needs arose.
Miracle Hill's name developed from a miracle on "The Hill" at Miracle Hill Children's Home situated in the foothills near Table Rock. Volunteer construction workers prayed that the rain would hold off around their site - and it did - on what is now known as Miracle Hill.
Today, Miracle Hill Ministries operates four rescue missions, two addiction recovery programs, a foster home community, transitional homes, a foster care program, a food ministry program, eight thrift stores, and an auto sales operation-all of which contribute to our mission to serve people experiencing homelessness.
Through Christ's provision, hard work, dedication, and the support of our generous sponsors and partners, we're able to serve thousands of people in need in the Upstate each year. And while we're humbled to be able to help so many people move toward stability and wholeness, we haven't lost sight of where we came from.
Program accomplishments
In 2021, Miracle Hill impacted our Upstate communities through:
234,751 safe shelter beds provided
388,885 meals served to the hungry
826 adults found jobs or developed exit strategy
3,654 unique individuals served
557 children sheltered
Needs
Your gifts are greatly needed and appreciated as our shelters are always open and are critical to homeless adults, children in need of fostering, and adults battling addictions.