Millennium Adult Health Care Inc

Analysis

Millennium Adult Health Care Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Millennium Adult Health Care Inc reported income of $1.6m and spending of $1.8m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.6m (-10%), an average of -2.6% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Millennium Adult Health Care Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include A Soldiers Child Inc ($1.6m), Local Matters ($1.6m) and Friends of JCDS Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $240k (13% of expenses). Other salaries and wages came to $565k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 18 employees.