Millennium Gardens Inc

Analysis

Millennium Gardens Inc is a registered charity in United States, based in Chicago HTS, IL. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Millennium Gardens Inc reported income of $1.6m and spending of $1.6m, spending 99% of its income. Across the 3 years on record, from June 2020 to June 2022, income grew from $1.5m to $1.6m (+11%), an average of +5.2% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Millennium Gardens Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Kids First Inc ($1.6m), Elmira a F C Home ($1.6m) and Carpe Diem Foundation Inc ($1.6m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $133k (8.3% of expenses). Other salaries and wages came to $902k. At year end it held assets of $1.0m against liabilities of $23k, net assets of $1.0m. It reported 54 employees.