Mississippi Consortium for International Development Inc

Analysis

Mississippi Consortium for International Development Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Mississippi Consortium for International Development Inc reported income of $4.8m and spending of $4.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $4.8m (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2022, when income rose by 209%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Mississippi Consortium for International Development Inc 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 92nd percentile, and in the 93rd percentile within MS. Charities of a similar size with the same main cause include Conservation Council of Nations ($4.8m), Asset India Foundation ($4.8m) and Leap Charities ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $608k (13% of expenses). At year end it held assets of $41k against liabilities of $0, net assets of $41k. It reported 10 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.