Mississippi United to End Homelessness

Analysis

Mississippi United to End Homelessness is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in December 2003, 23 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 June 2023, Mississippi United to End Homelessness reported income of $4.9m and spending of $5.2m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.5m to $4.9m (+9.1%), an average of +2.2% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mississippi United to End Homelessness sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within MS. Charities of a similar size with the same main cause include Young Womens Christian Association-Knoxville YWCA ($4.9m), Warren County Pathfinders ($4.9m) and Netzach Foundation Inc ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $204k (4.0% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $2.7m against liabilities of $67k, net assets of $2.7m. It reported 46 employees.