Milton Foundation for Education

Analysis

Milton Foundation for Education is a registered charity in United States, based in Milton, MA. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Foundation for Education reported income of $189k and spending of $171k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $198k to $189k (-4.1%), an average of -1.0% a year. The sharpest change came in the year to June 2021, when income rose by 87%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Milton Foundation for Education sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include Geauga Local Access Cable Corporation ($189k), Fleischer Foundation NFP ($189k) and Medexecwomen Inc ($189k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $797k against liabilities of $144k, net assets of $653k.