Milton H Erickson Foundation Inc

Analysis

Milton H Erickson Foundation Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 1983, 43 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Milton H Erickson Foundation Inc reported income of $863k and spending of $1.0m, spending 121% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $1.1m to $863k (-23%), an average of -6.3% a year. The sharpest change came in the year to March 2020, when income rose by 238%. Over the whole period it spent 64% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Milton H Erickson Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within AZ. Charities of a similar size with the same main cause include Team Healthcare Incorporated ($863k), Center of Wellness for Urban Womeninc ($863k) and Tomorrows Rainbow Inc ($863k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 1.7% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $81k (7.8% of expenses). Other salaries and wages came to $432k. At year end it held assets of $10.6m against liabilities of $191k, net assets of $10.4m. It reported 16 employees.