Gathering Place of Milton Inc

Analysis

Gathering Place of Milton Inc is a registered charity in United States, based in Milton, WI. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Gathering Place of Milton Inc reported income of $457k and spending of $404k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $493k to $457k (-7.4%), an average of -1.9% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gathering Place of Milton Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within WI. Charities of a similar size with the same main cause include Startup Colorado ($457k), Canon City Golden Age Council Inc ($457k) and Loris Hands Inc ($457k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $60k (15% of expenses). Other salaries and wages came to $80k. At year end it held assets of $2.0m against liabilities of $51k, net assets of $2.0m. It reported 11 employees.