Millennium Research Inc

Analysis

Millennium Research Inc is a registered charity in United States, based in Victoria, TX. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Millennium Research Inc reported income of $269k and spending of $12k, leaving 95% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $248k to $269k (+8.4%), an average of +2.7% a year. The sharpest change came in the year to December 2022, when income rose by 94%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Millennium Research Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Kansas-Missouri Superintendents Forum ($269k), Los Angeles International FC ($269k) and Lawrence County Education Foundation Inc ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $2,115 against liabilities of $492k, net assets of -$490k. It reported 2 employees.