Mississippi Childrens Home Society

Analysis

Mississippi Childrens Home Society is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in November 1994, 32 years ago. 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, Mississippi Childrens Home Society reported income of $25.1m and spending of $25.7m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.0m to $25.1m (+19%), an average of +4.5% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mississippi Childrens Home Society sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MS. Charities of a similar size with the same main cause include Jarvis Christian University ($25.0m), Depaul Community Resources ($25.1m) and Volunteers of America Inc ($25.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $993k (3.9% of expenses). Other salaries and wages came to $14.2m. At year end it held assets of $27.2m against liabilities of $10.9m, net assets of $16.3m. It reported 363 employees.