Vicksburg Family Development Service

Analysis

Vicksburg Family Development Service is a registered charity in United States, based in Vicksburg, MS. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Vicksburg Family Development Service reported income of $433k and spending of $440k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $395k to $433k (+9.7%), an average of +2.3% a year. The sharpest change came in the year to December 2020, when income rose by 98%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vicksburg Family Development Service sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MS. Charities of a similar size with the same main cause include Springs of Living Water ($433k), Butterfly Hill Nature Preschool Inc ($433k) and Foster Grandparent Program Inc ($433k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 2.0% of the total. Other salaries and wages came to $276k. At year end it held assets of $503k against liabilities of $988, net assets of $502k. It reported 14 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.