Mississippi Assoc of Cooperatives

Analysis

Mississippi Assoc of Cooperatives is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover food, agriculture and nutrition, 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 April 2023, Mississippi Assoc of Cooperatives reported income of $974k and spending of $886k, spending 91% of its income. Across the 5 years on record, from April 2019 to April 2023, income fell from $995k to $974k (-2.1%), an average of -0.5% a year. The sharpest change came in the year to April 2022, when income rose by 71%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mississippi Assoc of Cooperatives sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within MS. Charities of a similar size with the same main cause include Young Mens Christan Association of Geneva New York Inc ($974k), Korean American Association of Chicago ($974k) and Growers Inc ($974k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 81% of the total. Other salaries and wages came to $286k. At year end it held assets of $847k against liabilities of $136k, net assets of $711k. It reported 15 employees.