Millennium - Janesvlle II Inc

Analysis

Millennium - Janesvlle II Inc is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Millennium - Janesvlle II Inc reported income of $112k and spending of $133k, spending 119% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $97k to $112k (+15%), an average of +3.6% a year. Over the whole period it spent 126% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Millennium - Janesvlle II Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within IL. Charities of a similar size with the same main cause include Northwest Estates 811 II ($112k), Lexington Residential Alternative Inc ($112k) and Friendship Community Living Inc ($112k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 39% and program service revenue 60% of the total. At year end it held assets of $996k against liabilities of $18k, net assets of $978k.

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.