Millennial Action Project Dba Future Caucus

Analysis

Millennial Action Project Dba Future Caucus is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Millennial Action Project Dba Future Caucus reported income of $3.5m and spending of $2.4m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $3.5m (+151%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 180%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Millennial Action Project Dba Future Caucus sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 75th percentile within DC. Charities of a similar size with the same main cause include American Heritage Apartments Inc ($3.5m), The Des Moines Area Food Bank ($3.5m) and National Alliance on Mental Illness Hawaii ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.0% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $4.8m against liabilities of $198k, net assets of $4.6m. It reported 16 employees.