Mississippi Blood Services Inc

Analysis

Mississippi Blood Services Inc is a registered charity in United States, based in Flowood, MS. It received its IRS tax-exemption ruling in May 1980, 46 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Mississippi Blood Services Inc reported income of $18.6m and spending of $19.9m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $21.8m to $18.6m (-15%), an average of -3.8% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mississippi Blood Services Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MS. Charities of a similar size with the same main cause include Five Rivers Medical Center Inc ($18.6m), Midwestern Connecticut Council of Alcoholism Inc ($18.6m) and Crossroads Services Board ($18.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $962k (4.8% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $17.6m against liabilities of $2.7m, net assets of $14.9m. It reported 192 employees.