The Milestone House Inc

Analysis

The Milestone House Inc is a registered charity in United States, based in Dover, NJ. It received its IRS tax-exemption ruling in February 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Milestone House Inc reported income of $1.3m and spending of $1.3m, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $541k to $1.3m (+133%), an average of +52% a year. The sharpest change came in the year to December 2022, when income rose by 124%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Milestone House Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Parkridge Pregnancy Center ($1.3m), National Kidney Donation Organization Inc ($1.3m) and Share Foundation of Community Hospitals of Williams County Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $100k (7.9% of expenses). Other salaries and wages came to $298k. At year end it held assets of $3.8m against liabilities of $3.7m, net assets of $60k. It reported 16 employees.