Millennium School of San Francisco

Analysis

Millennium School of San Francisco is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Millennium School of San Francisco reported income of $5.7m and spending of $5.4m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $5.7m (+35%), an average of +7.7% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Millennium School of San Francisco sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Penn State Research Foundation ($5.7m), The Academy at Penguin Hall Inc ($5.7m) and Legacy Academy ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $244k (4.6% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $3.6m against liabilities of $5.4m, net assets of -$1.7m. It reported 42 employees.