North Mississippi Medical Clinics

Analysis

North Mississippi Medical Clinics is a registered charity in United States, based in Tupelo, MS. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, North Mississippi Medical Clinics reported income of $55.4m and spending of $75.7m, spending 137% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $48.3m to $55.4m (+15%), an average of +3.5% a year. Over the whole period it spent 138% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, North Mississippi Medical Clinics sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MS. Charities of a similar size with the same main cause include Behavioral Health of Cambria County ($55.4m), Kentucky River Community Care Inc ($55.4m) and Codman Square Health Center Inc ($55.3m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.6m (2.1% of expenses). Other salaries and wages came to $47.5m. At year end it held assets of $207.3m against liabilities of $297.5m, net assets of -$90.2m. It reported 721 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.