Milestones Behavioral Services Inc Payroll-Finance Department

Analysis

Milestones Behavioral Services Inc Payroll-Finance Department is a registered charity in United States, based in Orange, CT. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Milestones Behavioral Services Inc Payroll-Finance Department reported income of $17.1m and spending of $16.1m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.5m to $17.1m (+10%), an average of +2.4% a year. The sharpest change came in the year to June 2022, when income dropped by 20%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Milestones Behavioral Services Inc Payroll-Finance Department sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within CT. Charities of a similar size with the same main cause include Cleveland State University Foundation ($17.1m), Parnassus Preparatory School ($17.1m) and Laurence School ($17.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $761k (4.7% of expenses). Other salaries and wages came to $10.4m. At year end it held assets of $16.4m against liabilities of $1.5m, net assets of $14.8m. It reported 263 employees.