Henry Mize Charitable Foundation Inc

Analysis

Henry Mize Charitable Foundation Inc is a registered charity in United States, based in Tupelo, MS. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Henry Mize Charitable Foundation Inc reported income of $488k and spending of $309k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $364k to $488k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2023, when income rose by 402%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Henry Mize Charitable Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within MS. Charities of a similar size with the same main cause include Impact 100 Inc ($488k), Third Ladder ($488k) and Amigos Hospitalito Atitlan ($487k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% of the total. At year end it held assets of $6.2m against liabilities of $88k, net assets of $6.1m.