Milton Family Community Center Inc

Analysis

Milton Family Community Center Inc is a registered charity in United States, based in Milton, VT. It received its IRS tax-exemption ruling in January 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Milton Family Community Center Inc reported income of $1.5m and spending of $1.3m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $966k to $1.5m (+60%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Milton Family Community Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within VT. Charities of a similar size with the same main cause include Wilshire Community Services ($1.5m), Northeast Indiana Positive Resource Connection Inc ($1.5m) and Area V Agency on Aging ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $82k (6.4% of expenses). Other salaries and wages came to $768k. At year end it held assets of $1.8m against liabilities of $134k, net assets of $1.7m. It reported 38 employees.