Madison County Mississippi Sheriffs Department Benefit Association

Analysis

Madison County Mississippi Sheriffs Department Benefit Association is a registered charity in United States, based in Canton, MS. It received its IRS tax-exemption ruling in February 2021, 5 years ago. 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 2022, Madison County Mississippi Sheriffs Department Benefit Association reported income of $192k and spending of $256k, spending 133% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $235k to $192k (-18%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Madison County Mississippi Sheriffs Department Benefit Association sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within MS. Charities of a similar size with the same main cause include Pop Warner Little Scholars Inc ($192k), Ashland Regional Ballet Inc ($192k) and Kuto Corporation ($192k).

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 $138k against liabilities of $0, net assets of $138k.