Mid-South Dressage Academy Inc

Analysis

Mid-South Dressage Academy Inc is a registered charity in United States, based in Hernando, MS. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mid-South Dressage Academy Inc reported income of $164k and spending of $215k, spending 131% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $193k to $164k (-15%), an average of -3.2% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 114% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mid-South Dressage Academy Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within MS. Charities of a similar size with the same main cause include Prospector Youth Soccer Club ($164k), Mountain View Ice Arena Inc ($165k) and TMB Veterans Reunion Association Inc ($164k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $69k against liabilities of $19k, net assets of $50k.