Milestones Inc

Analysis

Milestones Inc is a registered charity in United States, based in Independence, KY. It received its IRS tax-exemption ruling in May 2024, 2 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Milestones Inc reported income of $313k and spending of $354k, spending 113% of what it took in. Across the 2 years on record, from December 2019 to December 2023, income grew from $253k to $313k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Milestones Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within KY. Charities of a similar size with the same main cause include Lake Sunapee Region Visiting Nurse Association ($313k), Our Lady of Guadalupe Free Clinic ($314k) and National Alliance on Mental Illness of Rockland County Inc ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $133k (37% of expenses). At year end it held assets of $437k against liabilities of $398k, net assets of $39k. It reported 17 employees.