Mississippi Restaurant Association Educational Foundation Inc

Analysis

Mississippi Restaurant Association Educational Foundation Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2024, Mississippi Restaurant Association Educational Foundation Inc reported income of $61k and spending of $89k, spending 144% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $46k to $61k (+32%), an average of +32% a year. The sharpest change came in the year to June 2024, when income rose by 32%. Over the whole period it spent 182% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mississippi Restaurant Association Educational Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within MS. Charities of a similar size with the same main cause include Tigerflight Foundation Inc ($61k), Montana Lions Sight and Hearing Foundation ($61k) and Brown County Economic Development Partners Inc ($61k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 79% of the total. At year end it held assets of $335k against liabilities of $0, net assets of $335k.