Mississippi Council on Economic Education

Analysis

Mississippi Council on Economic Education is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in November 2002, 24 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 June 2023, Mississippi Council on Economic Education reported income of $654k and spending of $832k, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $348k to $654k (+88%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 75%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mississippi Council on Economic Education sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within MS. Charities of a similar size with the same main cause include Florida State University College of Business Student Invest ($654k), Consiliumbots Inc ($654k) and Kansas Families and Schools Together Inc ($654k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $194k (23% of expenses). Other salaries and wages came to $105k. At year end it held assets of $1.1m against liabilities of $25k, net assets of $1.1m. It reported 5 employees.