Mississippi Junior Colleges Economic Development Foundation in

Analysis

Mississippi Junior Colleges Economic Development Foundation in is a registered charity in United States, based in Flowood, MS. It received its IRS tax-exemption ruling in March 1987, 39 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 June 2024, Mississippi Junior Colleges Economic Development Foundation in reported income of $99k and spending of $103k, spending 104% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $569k to $99k (-83%), an average of -30% a year. The sharpest change came in the year to June 2023, when income rose by 266%. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mississippi Junior Colleges Economic Development Foundation in sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within MS. Charities of a similar size with the same main cause include Civic Chorale of Greater Miami Inc ($99k), Vo-Vi Friendship Association ($99k) and Lighthouse Fellowship Church ($99k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 45% and program service revenue 54% of the total. At year end it held assets of $465k against liabilities of $62k, net assets of $403k.