Research Mississippi Inc

Analysis

Research Mississippi 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. Its declared purposes cover medical research, 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 December 2023, Research Mississippi Inc reported income of $158k and spending of $195k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $147k to $158k (+7.1%), an average of +1.7% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 125% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Research Mississippi Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within MS. Charities of a similar size with the same main cause include The Porter-Starke Services Foundation Inc ($158k), Can Behavioral Health ($158k) and Sims Training and Wellness Center Inc ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% of the total. Compensation of current officers, directors and key employees was $42k (22% of expenses). Other salaries and wages came to $95k. At year end it held assets of $635k against liabilities of $15k, net assets of $620k. It reported 6 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.