Desoto County Foundation for Excellence in Education Inc

Analysis

Desoto County Foundation for Excellence in Education Inc is a registered charity in United States, based in Southaven, MS. It received its IRS tax-exemption ruling in February 1991, 35 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, Desoto County Foundation for Excellence in Education Inc reported income of $53k and spending of $43k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $53k (+11%), an average of +11% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Desoto County Foundation for Excellence in Education Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within MS. Charities of a similar size with the same main cause include Friends of Koko Head School ($53k), Ve Nguon Vietnamese Language School ($53k) and Trinity North Parent Club ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.