Northwest Mississippi Community College Foundation

Analysis

Northwest Mississippi Community College Foundation is a registered charity in United States, based in Senatobia, MS. It received its IRS tax-exemption ruling in December 1978, 48 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, Northwest Mississippi Community College Foundation reported income of $2.9m and spending of $2.0m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.9m (+143%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 262%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northwest Mississippi Community College Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within MS. Charities of a similar size with the same main cause include Orange County Partnership for Young Children ($2.9m), Harvard Student Agencies Inc ($2.9m) and Lyceum Schools Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $16.6m against liabilities of $107k, net assets of $16.5m.