Mid South Independent School Business Oficers Inc

Analysis

Mid South Independent School Business Oficers Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 June 2023, Mid South Independent School Business Oficers Inc reported income of $1.6m and spending of $1.5m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.6m (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mid South Independent School Business Oficers Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within GA. Charities of a similar size with the same main cause include Towson Recreation Council ($1.6m), Southfield Childrens Center Inc ($1.6m) and Nutrition for the Elderly in Tompki NS County Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $357k (25% of expenses). Other salaries and wages came to $551k. At year end it held assets of $3.0m against liabilities of $977k, net assets of $2.0m. It reported 10 employees.