Copiah Endowment Corporation

Analysis

Copiah Endowment Corporation is a registered charity in United States, based in Hazlehurst, MS. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Copiah Endowment Corporation reported income of $73k and spending of $26k, leaving 64% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $164k to $73k (-56%), an average of -18% a year. The sharpest change came in the year to June 2022, when income rose by 86%. Over the whole period it spent 34% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Copiah Endowment Corporation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within MS. Charities of a similar size with the same main cause include Laddie J Hendricks Charitable Trust ($73k), Rose W Drucker Residual TR Uw ($73k) and Kiwanis Club of Lady Lake Charitable Foundation Inc ($73k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.7% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.