Mississippi Methodist Senior Services Inc

Analysis

Mississippi Methodist Senior Services Inc is a registered charity in United States, based in Tupelo, MS. It received its IRS tax-exemption ruling in February 1965, 61 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Mississippi Methodist Senior Services Inc reported income of $16.9m and spending of $16.0m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.8m to $16.9m (+57%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mississippi Methodist Senior Services Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MS. Charities of a similar size with the same main cause include Labor Community Services Program of Los Angeles ($16.9m), Adolph and Rose Levis Jewish Community Center Inc ($16.9m) and Child & Family Services of Eastern Virginia Inc ($16.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10.0% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $1.6m (9.9% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $22.4m against liabilities of $4.4m, net assets of $18.0m. It reported 1,247 employees.