Central Mississippi Health Services Inc

Analysis

Central Mississippi Health Services Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in January 1983, 43 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Central Mississippi Health Services Inc reported income of $5.5m and spending of $5.8m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.0m to $5.5m (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. 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, Central Mississippi Health Services Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within MS. Charities of a similar size with the same main cause include San Joaquin College of Law ($5.5m), Young Mens Christian Association of Monroe County Inc ($5.5m) and California Restaurant Association Foundation Inc ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $707k (12% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $2.5m against liabilities of $1.1m, net assets of $1.4m. It reported 64 employees.