Hinds Community College Foundation

Analysis

Hinds Community College Foundation is a registered charity in United States, based in Raymond, MS. It received its IRS tax-exemption ruling in July 1981, 45 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 2023, Hinds Community College Foundation reported income of $4.6m and spending of $3.2m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $4.6m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hinds Community College Foundation 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 92nd percentile, and in the 93rd percentile within MS. Charities of a similar size with the same main cause include The Philadelphia Center ($4.6m), Dominos Pizza Partners Foundation Inc ($4.6m) and First Rising Mt Zion Baptist Church Housing Corporation Inc ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $35.9m against liabilities of $13.9m, net assets of $22.0m.