Milford Miami Ministries

Analysis

Milford Miami Ministries is a registered charity in United States, based in Milford, OH. It received its IRS tax-exemption ruling in April 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Milford Miami Ministries reported income of $242k and spending of $250k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $248k to $242k (-2.5%), an average of -0.6% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Milford Miami Ministries sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within OH. Charities of a similar size with the same main cause include Eugene Oneill Foundation Tao House ($241k), Dubois Area United Way ($242k) and Harbour Ridge Family Foundation Inc ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $30k. At year end it held assets of $99k against liabilities of $2,040, net assets of $97k. It reported 1 employees.