"Variety" thought the plot "alternates uneasily between wit and sentiment" and added, "The picture seems too long, considering that there's never any doubt as to the outcome, and it's also too lethargic, but there are sporadic compensations of line and situation that reward the patience. Fortunately Capra has assembled some of Hollywood's outstanding character players for the chore . . . The best lines in the picture go to Peter Falk... just about walks off with the film when he's on." In "Films in Review", Elaine Rothschild stated "this unbelievable and unfunny comedy proves only that director Frank Capra has learned nothing and forgotten nothing in the 28 years that intervened between the two pictures. "Pocketful of Miracles" is not merely out of whole cloth, but out of date, and watching it is a painful experience."