Mid-South Synergy Charitable Foundation Inc

Analysis

Mid-South Synergy Charitable Foundation Inc is a registered charity in United States, based in Navasota, TX. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Synergy Charitable Foundation Inc reported income of $636k and spending of $129k, leaving 80% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $185k to $636k (+245%), an average of +245% a year. The sharpest change came in the year to December 2023, when income rose by 245%. Over the whole period it spent 35% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mid-South Synergy Charitable Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Blue Springs Education Foundation ($636k), Hancock Community Education Foundation ($636k) and Southwest Tennessee Community College Foundation ($636k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $772k against liabilities of $286, net assets of $772k.