Mississippi Charitable Foundation Inc

Analysis

Mississippi Charitable Foundation Inc is a registered charity in United States, based in Oxford, MS. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 December 2023, Mississippi Charitable Foundation Inc reported income of $74k and spending of $78k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $74k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mississippi Charitable Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within MS. Charities of a similar size with the same main cause include LSS Housing 26th Street Inc ($74k), Laborers Local 66 Charitable Corp ($74k) and Community Apartments Corporation of Metrolina ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.