Mississippi Housing Partnership

Analysis

Mississippi Housing Partnership is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Housing Partnership reported income of $744k and spending of $730k, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $933k to $744k (-20%), an average of -5.5% a year. The sharpest change came in the year to September 2022, when income rose by 95%. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mississippi Housing Partnership sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within MS. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($744k), Shelter From the Storm Ministries Inc ($744k) and Casa Castaner Inc ($744k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $52k (7.1% of expenses). Other salaries and wages came to $360k. At year end it held assets of $4.9m against liabilities of $6.1m, net assets of -$1.2m.