Humphreys Academy Foundation
Analysis
Humphreys Academy Foundation is a registered charity in United States, based in Belzoni, MS. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Humphreys Academy Foundation reported income of $897k and spending of $1.0m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2024, income grew from $886k to $897k (+1.2%), an average of +0.3% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 110% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Humphreys Academy Foundation sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within MS. Charities of a similar size with the same main cause include Boys & Girls Club of Morgan County Inc ($897k), Kids Advocacy Coalition Inc ($897k) and Hope Community Christian Academy ($897k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 33% and program service revenue 65% of the total. Other salaries and wages came to $628k. At year end it held assets of $299k against liabilities of $12k, net assets of $287k. It reported 30 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.
Income and spending
Where the income comes from
- Contributions & grants 33%
- Program services 65%
- Other 2.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Boys & Girls Club of Morgan County Inc | Mooresville | $897k |
| Kids Advocacy Coalition Inc | Tifton | $897k |
| Hope Community Christian Academy | Ignacio | $897k |
| Sankofa Middle School of Creative and Performing Arts Inc | Tulsa | $897k |