Mississippi State University Alumni Inc

Analysis

Mississippi State University Alumni Inc is a registered charity in United States, based in Ms State, MS. It received its IRS tax-exemption ruling in December 1975, 51 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending June 2023, Mississippi State University Alumni Inc reported income of $2.4m and spending of $2.3m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.6m to $2.4m (+48%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mississippi State University Alumni Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within MS. Charities of a similar size with the same main cause include The Coalition for College Cost Savings ($2.4m), Albuquerque Public Schools Foundation ($2.4m) and Monroe County Education Foundation Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% of the total. Compensation of current officers, directors and key employees was $221k (9.6% of expenses). Other salaries and wages came to $384k. At year end it held assets of $3.0m against liabilities of $295k, net assets of $2.7m. It reported 11 employees.