Central Mississippi Inc

Analysis

Central Mississippi Inc is a registered charity in United States, based in Winona, MS. It received its IRS tax-exemption ruling in January 1967, 59 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Central Mississippi Inc reported income of $6.3m and spending of $6.4m, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.3m to $6.3m (+168%), an average of +28% a year. The sharpest change came in the year to September 2022, when income rose by 114%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Central Mississippi 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 Al-Ayn Social Care Foundation ($6.3m), Camp Southern Ground Inc ($6.3m) and Orphanos Foundation ($6.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 4.6% of the total. Other salaries and wages came to $850k. At year end it held assets of $1.5m against liabilities of $1.2m, net assets of $312k. It reported 31 employees.