Milestone House

Analysis

Milestone House is a registered charity in United States, based in Oceanside, CA. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover unknown, 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 December 2023, Milestone House reported income of $1.2m and spending of $1.1m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $778k to $1.2m (+54%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Milestone House sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Highlands Museum & Discovery Inc ($1.2m), Land of Medicine Buddha Inc ($1.2m) and Hda Research Foundation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $74k (7.0% of expenses). Other salaries and wages came to $587k. At year end it held assets of $1.0m against liabilities of $411k, net assets of $621k. It reported 39 employees.