Mississippi University for Women Foundation

Analysis

Mississippi University for Women Foundation is a registered charity in United States, based in Columbus, MS. It received its IRS tax-exemption ruling in December 1965, 61 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mississippi University for Women Foundation reported income of $5.5m and spending of $5.3m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.9m to $5.5m (+13%), an average of +3.0% a year. The sharpest change came in the year to June 2021, when income rose by 94%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mississippi University for Women Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within MS. Charities of a similar size with the same main cause include East Carolina University Medical & Health Sciences Foundation Inc ($5.5m), Family Outreach Center ($5.5m) and Sos International Inc ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% of the total. Compensation of current officers, directors and key employees was $5,407 (0.1% of expenses). Other salaries and wages came to $181k. At year end it held assets of $63.1m against liabilities of $1.3m, net assets of $61.9m.