Nonprofit screen
Screen a listMilford Housing Development Corp
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(2)
$19Mrevenue
FY2024 · +84% in 3 yrs21staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin36.6%
Months of reserve5.2mo
Revenue growth (annualized)+13.0%
Middle half of peersMedianMilford Housing Development
Where the money goes FY2024 · $12M spent
Programs$9.9M82%Management and general$2.0M17%Fundraising$121k1%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$361k in FY2022 and −$1.4M in FY2023. Cash covers 5.2 months, above the peer median of 2.8.
990 Part I and balance sheetIn its favor3
Strong governance
10 of 10 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements.
990 Part VIGrowing faster than peers
Revenue up 13% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 8 of its 8 returns, 59% of revenue in FY2024. $5.1M is traced federal awards from Department of Agriculture.
990 Part VIII · USAspending21funders
$248ka year, last 3 years
27%from its largest funder
Funder’17’18’19’20’21’22’23Longwood Foundation IncOn and off$450k$450kThe Bank of America Charitable Foundation IncEvery year since FY2017$35k$35k$35k$30k$30k$30k$20kSustainable Energy Utility IncNew in FY2023$200kTd Charitable FoundationSince FY2020$35k$40k$40k$40kMary W Rawlins Memorial TrustEvery year since FY2017$35k$44k$15k$10k$20k$5k$15kWelfare Foundation IncOn and off$100kDonor-advised giftsDonors not disclosed$41k$30k$39k$54$47k$40k10 other fundersUp to $75k a year each$10k$64k$165k$63k$28k$25k
FundedThrough a donor-advised fund