New South Development & Training Inc

Analysis

New South Development & Training Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 September 2023, New South Development & Training Inc reported income of $110k and spending of $131k, spending 119% of what it took in. Across the 4 years on record, from September 2019 to September 2023, income fell from $506k to $110k (-78%), an average of -40% a year. The sharpest change came in the year to September 2021, when income dropped by 63%. Over the whole period it spent 107% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, New South Development & Training Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within MS. Charities of a similar size with the same main cause include Young Bowlers Association of Mandarin Inc ($110k), Upper Rogue Valley Youth Football ($110k) and Silver Bow Youth Leadership Inc ($110k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $11k (8.3% of expenses). At year end it held assets of $79k against liabilities of $1,816, net assets of $77k.