Health Care Foundation of North Mississippi

Analysis

Health Care Foundation of North Mississippi is a registered charity in United States, based in Tupelo, MS. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Health Care Foundation of North Mississippi reported income of $2.3m and spending of $1.6m, leaving 30% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.0m to $2.3m (+126%), an average of +23% a year. The sharpest change came in the year to September 2022, when income rose by 174%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Care Foundation of North Mississippi sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within MS. Charities of a similar size with the same main cause include Lafayette Foundation Clinic Inc ($2.3m), Rockcastle County Ambulance Service Inc ($2.3m) and Platelet Disorder Support Association Inc ($2.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 67% of the total. Compensation of current officers, directors and key employees was $149k (9.1% of expenses). Other salaries and wages came to $215k. At year end it held assets of $11.0m against liabilities of $0, net assets of $11.0m.