Mississippi Action for Community Education Inc

Analysis

Mississippi Action for Community Education Inc is a registered charity in United States, based in Greenville, MS. It received its IRS tax-exemption ruling in July 1970, 56 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 2022, Mississippi Action for Community Education Inc reported income of $357k and spending of $385k, spending 108% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $762k to $357k (-53%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 44%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mississippi Action for Community Education Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MS. Charities of a similar size with the same main cause include A Childs World Day Care Center Inc ($357k), Life Choices Resource Center Inc ($357k) and National Church Residences of ($357k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 32% and program service revenue 68% of the total. Other salaries and wages came to $59k. At year end it held assets of $1.7m against liabilities of $776k, net assets of $941k. It reported 5 employees.