Mississippi Families for Kids

Analysis

Mississippi Families for Kids is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in January 1998, 28 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 2022, Mississippi Families for Kids reported income of $952k and spending of $1.1m, spending 113% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income grew from $902k to $952k (+5.5%), an average of +2.7% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mississippi Families for Kids sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within MS. Charities of a similar size with the same main cause include Helping Hand Outreach Services Inc ($952k), Crystal Run Village Inc ($953k) and American Pacific Financial Services Corp Apfsc ($952k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 90% and program service revenue 7.8% of the total. Other salaries and wages came to $453k. At year end it held assets of $316k against liabilities of $26k, net assets of $290k. It reported 14 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.