Milestones Charter School

Analysis

Milestones Charter School is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Milestones Charter School reported income of $3.7m and spending of $3.7m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $3.7m (+14%), an average of +3.3% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Milestones Charter School sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within AZ. Charities of a similar size with the same main cause include Cristo Rey San Jose Work Study Corporation ($3.7m), Cold Spring School Inc ($3.7m) and First Steps Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $155k (4.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.7m against liabilities of $5.7m, net assets of -$1.1m. It reported 33 employees.