Diabetes Foundation of Mississippi Inc

Analysis

Diabetes Foundation of Mississippi Inc is a registered charity in United States, based in Ridgeland, MS. It received its IRS tax-exemption ruling in August 1992, 34 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Diabetes Foundation of Mississippi Inc reported income of $694k and spending of $653k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.0m to $694k (-31%), an average of -9.0% a year. The sharpest change came in the year to June 2021, when income dropped by 27%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Diabetes Foundation of Mississippi 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 75th percentile, and in the 77th percentile within MS. Charities of a similar size with the same main cause include Augusta Players Inc ($694k), University of Maine at Fort Kent Foundation ($694k) and PTA California Congress of Parents Teachers & Students Inc ($694k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $103k (16% of expenses). Other salaries and wages came to $213k. At year end it held assets of $3.0m against liabilities of $23k, net assets of $2.9m. It reported 10 employees.