Mid South Community College Foundat Ion Inc

Analysis

Mid South Community College Foundat Ion Inc is a registered charity in United States, based in West Memphis, AR. It received its IRS tax-exemption ruling in February 1993, 33 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), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mid South Community College Foundat Ion Inc reported income of $2.0m and spending of $483k, leaving 76% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.0m (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2023, when income rose by 128%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mid South Community College Foundat Ion Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within AR. Charities of a similar size with the same main cause include Ramsey Educational and Development Institute Inc ($2.0m), Tillery Charter Academy ($2.0m) and Keren Yehoshua V Yisroel Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 1.2% of the total. At year end it held assets of $10.6m against liabilities of $13k, net assets of $10.6m.