Milestone Community Development
Analysis
Milestone Community Development is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Milestone Community Development reported income of $340k and spending of $321k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $224k to $340k (+52%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 97% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Milestone Community Development sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within MN. Charities of a similar size with the same main cause include Ascend - Leadership Through Athletics Inc ($340k), Korean American Womens Association ($340k) and Catholic Pregnancy Help Center Inc ($340k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $68k (21% of expenses). At year end it held assets of $24k against liabilities of $0, net assets of $24k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ascend - Leadership Through Athletics Inc | Fairfax | $340k |
| Korean American Womens Association | Los Angeles | $340k |
| Catholic Pregnancy Help Center Inc | Spring | $340k |
| Rescu Foundation Inc | Round Rock | $340k |