Mississippi Makos Inc

Analysis

Mississippi Makos Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Mississippi Makos Inc reported income of $368k and spending of $368k, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $337k to $368k (+9.4%), an average of +2.3% a year. The sharpest change came in the year to August 2021, when income rose by 24%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mississippi Makos Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within MS. Charities of a similar size with the same main cause include De Hostos Senior Center Inc ($368k), Pickerington Area Soccer Association ($368k) and Dpa Cobras Soccer Club ($368k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.6% and program service revenue 94% of the total. Other salaries and wages came to $149k. At year end it held assets of $312k against liabilities of $397, net assets of $312k. It reported 9 employees.