Mid-South Housing Foundation

Analysis

Mid-South Housing Foundation is a registered charity in United States, based in Oxford, MS. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mid-South Housing Foundation reported income of $200k and spending of $170k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $812k to $200k (-75%), an average of -30% a year. The sharpest change came in the year to December 2020, when income rose by 427%. Over the whole period it spent 7.7% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mid-South Housing Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within MS. Charities of a similar size with the same main cause include Pathways Vision Inc ($200k), Network Housing 90 Inc ($200k) and Hope Avenue Twin Cities ($200k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 70% of the total. Other salaries and wages came to $108k. At year end it held assets of $27.2m against liabilities of $110k, net assets of $27.1m. It reported 1 employees.