Milestone Centers Inc

Analysis

Milestone Centers Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in May 1970, 56 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Milestone Centers Inc reported income of $22.4m and spending of $22.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $24.1m to $22.4m (-7.2%), an average of -1.8% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Milestone Centers Inc 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 97th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Midmichigan Health Services ($22.4m), Childrens Hospital & Medical Center Foundation ($22.4m) and Ira Davenport Memorial Hospital Inc ($22.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $166k (0.8% of expenses). Other salaries and wages came to $10.6m. At year end it held assets of $12.5m against liabilities of $5.1m, net assets of $7.5m. It reported 427 employees.