Central Mississippi Assisted Living Home

Analysis

Central Mississippi Assisted Living Home is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Central Mississippi Assisted Living Home reported income of $72k and spending of $74k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $72k to $72k (+0.0%), an average of +0.0% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Central Mississippi Assisted Living Home sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within MS. Charities of a similar size with the same main cause include Greater Syracuse Tenants Network ($72k), Haven on Broad South Inc ($72k) and Jacksonville Housing Solutions Inc ($72k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $16k. At year end it held assets of -$6,401 against liabilities of $0, net assets of -$6,401. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.