University of Mississippi Educational Building Corporation
Analysis
University of Mississippi Educational Building Corporation is a registered charity in United States, based in University, MS. It received its IRS tax-exemption ruling in December 1989, 37 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, University of Mississippi Educational Building Corporation reported income of $8.4m and spending of $8.9m, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $9.5m to $8.4m (-11%), an average of -3.0% a year. The sharpest change came in the year to June 2023, when income rose by 69%. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, University of Mississippi Educational Building Corporation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within MS. Charities of a similar size with the same main cause include Washington County Free Library ($8.4m), Central Catholic Development Foundation ($8.4m) and Beacon Academy ($8.4m).
On its Form 990 for the period ending June 2024, revenue came from program service revenue 93% of the total. At year end it held assets of $265.8m against liabilities of $265.8m, net assets of $0.
Income and spending
Where the income comes from
- Program services 93%
- Other 7.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Washington County Free Library | Hagerstown | $8.4m |
| Central Catholic Development Foundation | Grand Island | $8.4m |
| Beacon Academy | Crystal | $8.4m |
| Venture Academy | Ogden | $8.4m |