Mississippi Power Community Connection Inc

Analysis

Mississippi Power Community Connection Inc is a registered charity in United States, based in Gulfport, MS. It received its IRS tax-exemption ruling in September 2003, 23 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 (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 Power Community Connection Inc reported income of $244k and spending of $251k, spending 103% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $164k to $244k (+49%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 117%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mississippi Power Community Connection Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within MS. Charities of a similar size with the same main cause include Family Camp Inc ($244k), New City Baseball Association Ltd ($244k) and Laurens County Community Foundation ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.