Jackson Medical Mall Foundation

Analysis

Jackson Medical Mall Foundation is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jackson Medical Mall Foundation reported income of $18.8m and spending of $15.9m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.7m to $18.8m (+37%), an average of +8.3% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jackson Medical Mall Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MS. Charities of a similar size with the same main cause include Monell Chemical Senses Center ($18.8m), Exceptional Care for Children Inc ($18.8m) and Centerlight Healthcare Diagnostic and Treament Center ($18.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 63% of the total. Other salaries and wages came to $4.4m. At year end it held assets of $67.8m against liabilities of $28.8m, net assets of $39.0m. It reported 139 employees.