Millennium Campus Network Inc

Analysis

Millennium Campus Network Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Millennium Campus Network Inc reported income of $639k and spending of $518k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $188k to $639k (+240%), an average of +240% a year. The sharpest change came in the year to December 2023, when income rose by 240%. Over the whole period it spent 87% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Millennium Campus Network Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include Give a Beat Foundation ($638k), Hugs Foundation Inc ($639k) and Goya Ministries Inc ($637k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $50k (9.6% of expenses). At year end it held assets of $252k against liabilities of $50k, net assets of $202k. It reported 5 employees.