University Medical Center Candlelighters Inc

Analysis

University Medical Center Candlelighters Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in April 1989, 37 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, University Medical Center Candlelighters Inc reported income of $50k and spending of $18k, leaving 65% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $56k to $50k (-11%), an average of -3.7% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, University Medical Center Candlelighters Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within MS. Charities of a similar size with the same main cause include VLR Foundation ($50k), Blare Terrace Corporation ($50k) and Docs 4 Patient Care Foundation ($50k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $370k against liabilities of $0, net assets of $370k.