The Mississippi Academy of Family Physicians Foundation

Analysis

The Mississippi Academy of Family Physicians Foundation is a registered charity in United States, based in Ridgeland, MS. It received its IRS tax-exemption ruling in August 1988, 38 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, The Mississippi Academy of Family Physicians Foundation reported income of $140k and spending of $105k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $127k to $140k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Mississippi Academy of Family Physicians Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within MS. Charities of a similar size with the same main cause include Long Beach Swim Club ($140k), Las Cruces High School Band Parents Association ($140k) and Weathervane United Inc ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% of the total. Other salaries and wages came to $8,296. At year end it held assets of $847k against liabilities of $0, net assets of $847k.