Miller Memorial Community Inc

Analysis

Miller Memorial Community Inc is a registered charity in United States, based in East Hartford, CT. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Miller Memorial Community Inc reported income of $8.3m and spending of $9.1m, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $7.9m to $8.3m (+4.3%), an average of +1.1% a year. The sharpest change came in the year to September 2022, when income rose by 20%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Miller Memorial Community Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within CT. Charities of a similar size with the same main cause include Bridges Community Action Partnership ($8.3m), Depaul USA Inc ($8.3m) and Westminster Retirement Communities Foundation Inc ($8.3m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $112k (1.2% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $2.6m against liabilities of $3.7m, net assets of -$1.1m. It reported 117 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.