Milestones Services Inc

Analysis

Milestones Services Inc is a registered charity in United States, based in Conway, AR. It received its IRS tax-exemption ruling in May 1974, 52 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, Milestones Services Inc reported income of $3.1m and spending of $3.2m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $3.1m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Milestones Services Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within AR. Charities of a similar size with the same main cause include Samuel Staten Sr Pre-Apprenticeship Program ($3.1m), Moses Brown School Foundation ($3.1m) and Star of the North Academy ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $77k (2.4% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $2.9m against liabilities of $205k, net assets of $2.7m. It reported 112 employees.