Mississippi Valley State University James Herbert White Foundation

Analysis

Mississippi Valley State University James Herbert White Foundation is a registered charity in United States, based in Itta Bena, MS. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Valley State University James Herbert White Foundation reported income of $137k and spending of $131k, spending 96% of its income. Across the 3 years on record, from December 2021 to June 2023, income fell from $369k to $137k (-63%), an average of -39% a year. The sharpest change came in the year to June 2023, when income dropped by 63%. Over the whole period it spent 26% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mississippi Valley State University James Herbert White Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within MS. Charities of a similar size with the same main cause include Lokey Charities ($137k), Hargrave Trust Uw Margert Ella Hargrave ($137k) and BGCS Building Great Futures Inc ($137k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 106% and program service revenue 3.1% of the total. At year end it held assets of $329k against liabilities of $0, net assets of $329k.