A Milton Miller Memorial Fund Inc

Analysis

A Milton Miller Memorial Fund Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 1980, 46 years ago. 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, A Milton Miller Memorial Fund Inc reported income of $1.1m and spending of $1.7m, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $1.1m (-55%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 141%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, A Milton Miller Memorial Fund Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Greater Kingsport Alliance for Development Inc ($1.1m), Help Inc ($1.1m) and Victoria Christian School ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $223k (13% of expenses). Other salaries and wages came to $980k. At year end it held assets of $614k against liabilities of $200k, net assets of $414k. It reported 17 employees.