Mr & Mrs E H Sumners Foundation

Analysis

Mr & Mrs E H Sumners Foundation is a registered charity in United States, based in Ridgeland, MS. It received its IRS tax-exemption ruling in June 1979, 47 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mr & Mrs E H Sumners Foundation reported income of $6.5m and spending of $7.3m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.9m to $6.5m (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mr & Mrs E H Sumners Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within MS. Charities of a similar size with the same main cause include High Mountain Institute Inc ($6.5m), Park City Prep Charter School Inc ($6.5m) and Center for Education NJ Inc ($6.5m).

At year end it held assets of $71.2m against liabilities of $0, net assets of $71.2m.