Foundation for Mississippi History

Analysis

Foundation for Mississippi History is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in May 2005, 21 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 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, Foundation for Mississippi History reported income of $2.5m and spending of $2.4m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $920k to $2.5m (+175%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 381%. Over the whole period it spent 45% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Foundation for Mississippi History sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within MS. Charities of a similar size with the same main cause include The New Bohemian Innovation Collaborative Inc ($2.5m), The Elizabeth Taylor AIDS Foundation ($2.5m) and Northeast Mississippi Community College Development Foundation Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $9.2m against liabilities of $0, net assets of $9.2m.