Milligan Housing for the Elderly & Handicapped of Elizabethton Tennes

Analysis

Milligan Housing for the Elderly & Handicapped of Elizabethton Tennes is a registered charity in United States, based in Johnson City, TN. It received its IRS tax-exemption ruling in June 1989, 37 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 December 2022, Milligan Housing for the Elderly & Handicapped of Elizabethton Tennes reported income of $283k and spending of $215k, leaving 24% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $284k to $283k (-0.5%), an average of -0.2% a year. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Milligan Housing for the Elderly & Handicapped of Elizabethton Tennes sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include Haven for Heroes ($283k), Warriors Center for Women Hardeman County ($283k) and Melrose Affordable Housing Corp ($283k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $16k. At year end it held assets of $509k against liabilities of $568k, net assets of -$59k. It reported 3 employees.