Sabrina Audrey Milone Foundation Inc

Analysis

Sabrina Audrey Milone Foundation Inc is a registered charity in United States, based in Garden City, NY. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 May 2024, Sabrina Audrey Milone Foundation Inc reported income of $71k and spending of $63k, spending 88% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $8,121 to $71k (+775%), an average of +196% a year. The sharpest change came in the year to May 2023, when income rose by 332%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sabrina Audrey Milone Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Electrical & Computer Engineering Foundation ($71k), Think Red Project Inc ($71k) and Act3 Ministry Inc ($71k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $233k against liabilities of $0, net assets of $233k.