Mississippi Ednet Institute Inc

Analysis

Mississippi Ednet Institute Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in July 1992, 34 years ago. 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 2023, Mississippi Ednet Institute Inc reported income of $506k and spending of $377k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $503k to $506k (+0.7%), an average of +0.2% a year. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mississippi Ednet Institute Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within MS. Charities of a similar size with the same main cause include Georgia Brown Blosser Home for the Aged ($506k), Affordable Housing Management Assoc-Northern California and Hawa ($506k) and Kinston Arts Council Inc ($506k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $2.9m against liabilities of $609k, net assets of $2.3m.