Friends of Mississippi State Hospital

Analysis

Friends of Mississippi State Hospital is a registered charity in United States, based in Whitfield, MS. It received its IRS tax-exemption ruling in January 1989, 37 years ago. 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 August 2023, Friends of Mississippi State Hospital reported income of $62k and spending of $49k, leaving 21% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $54k to $62k (+14%), an average of +14% a year. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Mississippi State Hospital sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within MS. Charities of a similar size with the same main cause include Fremont County Historical Society Inc ($62k), Solid Waste Association of North America Inc ($62k) and Lions Optometric Vision Clinic ($62k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.