Milo Foundation

Analysis

Milo Foundation is a registered charity in United States, based in Albany, CA. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 May 2023, Milo Foundation reported income of $2.3m and spending of $2.1m, spending 93% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $2.0m to $2.3m (+14%), an average of +4.5% a year. Over the whole period it spent 85% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Milo Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Animal Protection Society of Durham ($2.3m), Washington Area Humane Society ($2.3m) and Animal Pad ($2.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $70k (3.3% of expenses). Other salaries and wages came to $869k. At year end it held assets of $2.3m against liabilities of $266k, net assets of $2.0m. It reported 76 employees.