Central Hinds Academy

Analysis

Central Hinds Academy is a registered charity in United States, based in Raymond, MS. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Central Hinds Academy reported income of $3.9m and spending of $3.3m, spending 84% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $2.5m to $3.9m (+58%), an average of +12% a year. The sharpest change came in the year to May 2021, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Hinds Academy sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within MS. Charities of a similar size with the same main cause include Serra School at the Presidio ($3.9m), Highland Park High School Parent Teacher Association ($4.0m) and Center for Handicapped Children Inc ($3.9m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 2.4% and program service revenue 71% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $4.7m against liabilities of $2.6m, net assets of $2.1m. It reported 74 employees.