To Improve Mississippi Economics Inc

Analysis

To Improve Mississippi Economics Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover food, agriculture and nutrition, 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, To Improve Mississippi Economics Inc reported income of $157k and spending of $109k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $268k to $157k (-41%), an average of -41% a year. The sharpest change came in the year to December 2022, when income dropped by 41%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, To Improve Mississippi Economics Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within MS. Charities of a similar size with the same main cause include Cache County Sub for Santa ($157k), Childrens Wishes & Dreams ($157k) and E I H McClelland Avenue Apartments Inc ($157k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k.