Milestone Democratic School Inc

Analysis

Milestone Democratic School Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in February 2021, 5 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Milestone Democratic School Inc reported income of $829k and spending of $1.0m, spending 126% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $426k to $829k (+94%), an average of +40% a year. The sharpest change came in the year to June 2022, when income rose by 96%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Milestone Democratic School Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within WI. Charities of a similar size with the same main cause include Knowledge Arts Foundation ($828k), Madison Youth Choirs Inc ($829k) and Sunnyside Unified School District Foundation Inc ($828k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $470k against liabilities of $739k, net assets of -$268k.