Milan SC

Analysis

Milan SC is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 April 2024, Milan SC reported income of $128k and spending of $123k, spending 96% of its income. Across the 5 years on record, from April 2020 to April 2024, income fell from $257k to $128k (-50%), an average of -16% a year. The sharpest change came in the year to April 2023, when income dropped by 59%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Milan SC sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Becker-Big Lake Youth Hockey Association ($128k), Mso Productions ($128k) and North Jeffco Tennis Club ($128k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $10k (8.2% of expenses). At year end it held assets of $25k against liabilities of $0, net assets of $25k.