Milwood Commons

Analysis

Milwood Commons is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in September 2017, 9 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 2024, Milwood Commons reported income of $811k and spending of $985k, spending 121% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $467k to $811k (+74%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Milwood Commons sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include Effingham Child Development Center ($811k), Jackson-Feild Homes Foundation ($811k) and Cancer Support Community ($811k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $97k (9.9% of expenses). Other salaries and wages came to $611k. At year end it held assets of $371k against liabilities of $153k, net assets of $217k. It reported 49 employees.