Milestones Childrens Center

Analysis

Milestones Childrens Center is a registered charity in United States, based in Watertown, NY. It received its IRS tax-exemption ruling in September 2011, 15 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 December 2023, Milestones Childrens Center reported income of $5.1m and spending of $8.4m, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $752k to $5.1m (+574%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 327%. Over the whole period it spent 135% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Milestones Childrens Center sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Community Library Association Inc Ketchum Sun Valley & Triumph ($5.1m), Victory Charter School ($5.1m) and Teach Northwest ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $148k (1.8% of expenses). Other salaries and wages came to $840k. At year end it held assets of $1.9m against liabilities of $5.3m, net assets of -$3.4m. It reported 83 employees.