Milestone Recovery

Analysis

Milestone Recovery is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in September 1967, 59 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Milestone Recovery reported income of $5.1m and spending of $5.1m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.4m to $5.1m (+50%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Milestone Recovery sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within ME. Charities of a similar size with the same main cause include Red Barn Farms ($5.1m), Healthfirst Network Inc ($5.1m) and Parker Family Health Center Inc ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $220k (4.3% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $3.6m against liabilities of $2.2m, net assets of $1.4m. It reported 121 employees.