Mississippi Charitable Foundation Inc is located in Oxford, MS. The organization was established in 1996. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Charitable Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Mississippi Charitable Foundation Inc generated $55.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $38.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE ORGANIZATION IS TO RAISE FUND AND ASSIST INDIVIDUALS WITH MEDICAL BILLS THAT ARE UNABLE TO PAY.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Leroy H Paris II President | OfficerTrustee | 4 | $0 | 
| Victor P Smith Secretary & Treasurer | OfficerTrustee | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,450 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $179 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $55,629 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $30,036 | 
| Professional fees and other payments to independent contractors | $500 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $25 | 
| Other expenses | $8,271 | 
| Total expenses | $38,832 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,090 | 
| Other assets | $0 | 
| Total assets | $64,090 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $64,090 | 
Over the last fiscal year, Mississippi Charitable Foundation Inc has awarded $60,000 in support to 3 organizations.
| Grant Recipient | Amount | 
|---|---|
| THE BERRY INSTITUTE PURPOSE: GENERAL SUPPORT | $30,000 | 
| YOUNG LIFE PURPOSE: GENERAL SUPPORT | $15,000 | 
| NATIONAL CENTER FOR FATHERING PURPOSE: GENERAL SUPPORT | $15,000 |