Milford Community Media Center Inc

Analysis

Milford Community Media Center Inc is a registered charity in United States, based in Milford, MA. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Milford Community Media Center Inc reported income of $491k and spending of $492k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $442k to $491k (+11%), an average of +2.7% a year. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Milford Community Media Center Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Rotary District 6940 Foundation Inc ($491k), Operation Benjamin Inc ($491k) and Kinetics Dance Theatre Inc ($491k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.2% and program service revenue 91% of the total. Other salaries and wages came to $239k. At year end it held assets of $403k against liabilities of $34k, net assets of $370k. It reported 10 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.