Tunica County Community Development Coalition

Analysis

Tunica County Community Development Coalition is a registered charity in United States, based in Tunica, MS. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Tunica County Community Development Coalition reported income of $307k and spending of $364k, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $785k to $307k (-61%), an average of -21% a year. The sharpest change came in the year to June 2021, when income rose by 68%. Over the whole period it spent 110% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tunica County Community Development Coalition sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MS. Charities of a similar size with the same main cause include East End Seaport Museum and Marine ($307k), Oak Street Merchants Residents and Property Owners ($307k) and Project Return Florida Inc ($307k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 25% of the total. Other salaries and wages came to $162k. At year end it held assets of $2.6m against liabilities of $836k, net assets of $1.8m. It reported 5 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.