Copiah Educational Foundation Inc

Analysis

Copiah Educational Foundation Inc is a registered charity in United States, based in Hazlehurst, MS. It received its IRS tax-exemption ruling in June 1968, 58 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Copiah Educational Foundation Inc reported income of $4.4m and spending of $4.6m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.5m to $4.4m (-1.3%), an average of -0.3% a year. The sharpest change came in the year to June 2023, when income dropped by 16%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Copiah Educational Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within MS. Charities of a similar size with the same main cause include Willow Brook Christian Communities ($4.4m), Providence House Inc ($4.4m) and National Association of Esea State Program Administrators ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $108k (2.3% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $3.8m against liabilities of $727k, net assets of $3.1m. It reported 148 employees.