Mississippi Families As Allies Inc

Analysis

Mississippi Families As Allies Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in August 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 September 2023, Mississippi Families As Allies Inc reported income of $379k and spending of $484k, spending 128% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $512k to $379k (-26%), an average of -7.3% a year. The sharpest change came in the year to September 2020, when income rose by 48%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mississippi Families As Allies Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MS. Charities of a similar size with the same main cause include Encompass Early Education and Care Foundation Inc ($379k), Pabichs Residential Facility Inc ($379k) and Hopewell Senior Day Care Center ($379k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $80k (17% of expenses). Other salaries and wages came to $134k. At year end it held assets of $157k against liabilities of $36k, net assets of $121k. It reported 5 employees.