Health Care Foundation Of North Mississippi
EIN: 640914704 · Tupelo, MS · NTEE: E120
| Metric | Value |
|---|---|
| Total Revenue | $4.5M |
| Total Expenses | $1.6M |
| Net Assets | $11.0M |
Is Health Care Foundation Of North Mississippi Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Health Care Foundation Of North Mississippi
Health Care Foundation Of North Mississippi (EIN: 640914704) is a nonprofit organization based in Tupelo, MS, classified under NTEE code E120. The organization reported total revenue of $4.5M and total assets of $13.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Health Care Foundation Of North Mississippi's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Health Care Foundation Of North Mississippi is a mid-size nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$700K |
| Total Assets | $11.0M |
| Net Assets | $11.0M |
| Operating Margin | 30.0% |
| Months of Reserves | 80.9 months |
Financial Health Grade: A
In 2023, Health Care Foundation Of North Mississippi reported a surplus of $700K with revenue exceeding expenses, holds 80.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Health Care Foundation Of North Mississippi's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.5% | +16.1% | +12.0% |
| 2022 | +173.9% | +9.4% | -9.9% |
| 2021 | +10.2% | -18.2% | +21.4% |
| 2020 | -15.5% | -31.3% | -19.4% |
| 2019 | +1.1% | +15.0% | -4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Health Care Foundation Of North Mississippi has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Health Care Foundation Of North Mississippi with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $700K, with revenue exceeding expenses.
Frequently Asked Questions about Health Care Foundation Of North Mississippi
Is Health Care Foundation Of North Mississippi a legitimate charity?
Based on AI analysis of IRS 990 filings, Health Care Foundation Of North Mississippi (EIN: 640914704) insufficient data. 0 red flags identified, 0 strengths noted.
How does Health Care Foundation Of North Mississippi spend its money?
Detailed spending breakdown data is not yet available for Health Care Foundation Of North Mississippi. Check back for updated IRS 990 analysis.
Are donations to Health Care Foundation Of North Mississippi tax-deductible?
Health Care Foundation Of North Mississippi is registered as a tax-exempt nonprofit (EIN: 640914704). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Health Care Foundation Of North Mississippi located?
Health Care Foundation Of North Mississippi is headquartered in Tupelo, Mississippi and files with the IRS under EIN 640914704. It is classified under NTEE code E120.
How many years of IRS 990 filings does Health Care Foundation Of North Mississippi have?
Health Care Foundation Of North Mississippi has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.5M in total revenue.
Filing History
IRS 990 filing history for Health Care Foundation Of North Mississippi showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Health Care Foundation Of North Mississippi's revenue has grown by 64.7%, moving from $1.4M to $2.3M. Total assets decreased by 5.9% over the same period, from $11.7M to $11.0M. Total functional expenses fell by 41.2%, from $2.8M to $1.6M. In its most recent filing year (2023), Health Care Foundation Of North Mississippi reported a surplus of $700K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $1.6M | $11.0M | $0 | — | — |
| 2022 | $2.6M | $1.4M | $9.8M | $0 | — | View 990 |
| 2021 | $962K | $1.3M | $10.9M | $0 | — | View 990 |
| 2020 | $873K | $1.6M | $9.0M | $2K | — | — |
| 2019 | $1.0M | $2.3M | $11.1M | $995K | — | View 990 |
| 2018 | $1.0M | $2.0M | $11.7M | $1.1M | — | View 990 |
| 2017 | $2.6M | $2.0M | $11.6M | $1.2M | — | — |
| 2016 | $2.8M | $1.8M | $11.2M | $1.2M | — | View 990 |
| 2015 | $1.9M | $2.0M | $10.2M | $1.4M | — | View 990 |
| 2014 | $3.3M | $2.9M | $11.1M | $1.6M | — | View 990 |
| 2013 | $2.7M | $2.5M | $11.6M | $2.6M | — | View 990 |
| 2012 | $2.9M | $4.0M | $11.2M | $2.9M | — | View 990 |
| 2011 | $1.4M | $2.8M | $11.7M | $3.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $1.6M, and assets of $11.0M (revenue -11.5% year-over-year).
- 2022: Revenue of $2.6M, expenses of $1.4M, and assets of $9.8M (revenue +173.9% year-over-year).
- 2021: Revenue of $962K, expenses of $1.3M, and assets of $10.9M (revenue +10.2% year-over-year).
- 2020: Revenue of $873K, expenses of $1.6M, and assets of $9.0M (revenue -15.5% year-over-year).
- 2019: Revenue of $1.0M, expenses of $2.3M, and assets of $11.1M (revenue +1.1% year-over-year).
- 2018: Revenue of $1.0M, expenses of $2.0M, and assets of $11.7M (revenue -61.2% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.0M, and assets of $11.6M (revenue -6.0% year-over-year).
- 2016: Revenue of $2.8M, expenses of $1.8M, and assets of $11.2M (revenue +45.3% year-over-year).
- 2015: Revenue of $1.9M, expenses of $2.0M, and assets of $10.2M (revenue -42.2% year-over-year).
- 2014: Revenue of $3.3M, expenses of $2.9M, and assets of $11.1M (revenue +22.1% year-over-year).
- 2013: Revenue of $2.7M, expenses of $2.5M, and assets of $11.6M (revenue -5.1% year-over-year).
- 2012: Revenue of $2.9M, expenses of $4.0M, and assets of $11.2M (revenue +103.6% year-over-year).
- 2011: Revenue of $1.4M, expenses of $2.8M, and assets of $11.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Health Care Foundation Of North Mississippi:
Data Sources and Methodology
This transparency report for Health Care Foundation Of North Mississippi is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.