Southwest Mississippi Junior College Development Foundation

Analysis

Southwest Mississippi Junior College Development Foundation is a registered charity in United States, based in Summit, MS. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Southwest Mississippi Junior College Development Foundation reported income of $263k and spending of $302k, spending 115% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $115k to $263k (+129%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 97%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southwest Mississippi Junior College Development Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within MS. Charities of a similar size with the same main cause include Michigan Government Finance Officers Association ($263k), Lafayette Area Catholic Schools Foundation Inc ($263k) and Django Events Foundation North America ($263k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 89% of the total. At year end it held assets of $740k against liabilities of $0, net assets of $740k.