Minority Millennials

Analysis

Minority Millennials is a registered charity in United States, based in Amityville, NY. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Minority Millennials reported income of $375k and spending of $386k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $44k to $375k (+751%), an average of +192% a year. The sharpest change came in the year to December 2023, when income rose by 204%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Minority Millennials sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include TDD Supportive Living ($375k), Woodstock Area Adult Day Services Inc ($375k) and Little Lambs Preschool Daycare Ministry Inc ($375k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $32k (8.3% of expenses). At year end it held assets of $5,625 against liabilities of $2,179, net assets of $3,446. It reported 1 employees.