Milliken & Company Charitable Foundation is a 501(c)(3) organization based in Spartanburg, South Carolina, registered in 2021, with $5,271,853 in FY2022 revenue. CharityIndex grades it C.
Revenue (FY2022)
$5.3M
▲ 391.0% vs prior year
Philanthropy median: $168K
Expenses (FY2022)
$2.3M
Net assets
$11.3M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Milliken & Company Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Milliken & Company Charitable Foundation: 58 mo reserves · +56% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Milliken & Company Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Milliken & Company Charitable Foundation: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Revenue grew from $5.1M (FY2020) to $5.3M (FY2022) across 3 reported years.
Financial snapshot
Operating margin
55.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$11.3M
Total liabilities
$0
Net assets
$11.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $5,271,853▲391% | $2,335,758▲53.7% | $11,330,669▲35.0% | $11,330,669▲35.0% | 990PF |
| 2021 | $1,073,699▼78.8% | $1,519,275▲33.4% | $8,394,574▲0.7% | $8,394,574▲0.7% | 990PF |
| 2020 | $5,054,773 | $1,138,626 | $8,338,886 | $8,338,886 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Milliken & Company Charitable Foundation (EIN 85-3211603) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.