Mississippi Health Care Foundation
Mississippi Health Care Foundation shows consistent asset growth and zero officer compensation over the last decade.
EIN: 201892702 · Ridgeland, MS · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $71K |
| Total Expenses | $39K |
| Program Spending | 85% |
| Net Assets | $199K |
| Transparency Score | 90/100 |
Is Mississippi Health Care Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mississippi Health Care Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mississippi Health Care Foundation
Mississippi Health Care Foundation (EIN: 201892702) is a nonprofit organization based in Ridgeland, MS, classified under NTEE code P20. The organization reported total revenue of $71K and total assets of $217K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mississippi Health Care Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mississippi Health Care Foundation is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $93K |
| Total Expenses | $39K |
| Surplus / Deficit | +$54K |
| Total Assets | $206K |
| Total Liabilities | $7K |
| Net Assets | $199K |
| Operating Margin | 58.1% |
| Debt-to-Asset Ratio | 3.6% |
| Months of Reserves | 63.7 months |
Financial Health Grade: A
In 2023, Mississippi Health Care Foundation reported a surplus of $54K with revenue exceeding expenses, holds 63.7 months of operating reserves (strong position), has a debt-to-asset ratio of 3.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mississippi Health Care Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +166.2% | -41.1% | +35.0% |
| 2022 | +23.0% | +575.8% | -15.9% |
| 2021 | -29.6% | -32.4% | +14.2% |
| 2020 | -13.5% | -65.7% | +19.4% |
| 2019 | +26.8% | -9.9% | +3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mississippi Health Care Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Mississippi Health Care Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $54K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly positive sign, suggesting that all available funds are directed towards the organization's mission and operational costs, rather than executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Mississippi Health Care Foundation:
- Consistent asset growth, reaching $206,039 in 2023.
- Zero officer compensation reported across all 13 filings, indicating high efficiency.
- Low liabilities, peaking at $7,895 in 2022, suggesting sound financial management.
- Positive revenue trend in the latest period, with $92,655 in 2023.
- Healthy surplus in 2023, with revenues of $92,655 against expenses of $38,787.
Frequently Asked Questions about Mississippi Health Care Foundation
Is Mississippi Health Care Foundation a legitimate charity?
Mississippi Health Care Foundation (EIN: 201892702) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $71K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Mississippi Health Care Foundation spend its money?
Mississippi Health Care Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mississippi Health Care Foundation tax-deductible?
Mississippi Health Care Foundation is registered as a tax-exempt nonprofit (EIN: 201892702). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mississippi Health Care Foundation's spending goes to programs?
Mississippi Health Care Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mississippi Health Care Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Mississippi Health Care Foundation is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mississippi Health Care Foundation located?
Mississippi Health Care Foundation is headquartered in Ridgeland, Mississippi and files with the IRS under EIN 201892702. It is classified under NTEE code P20.
How many years of IRS 990 filings does Mississippi Health Care Foundation have?
Mississippi Health Care Foundation 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 $71K in total revenue.
Is Mississippi Health Care Foundation a good charity?
Based on the provided data, the Mississippi Health Care Foundation appears to be a good charity. It demonstrates strong financial health with consistent asset growth, low liabilities, and a commendable policy of 0% officer compensation, ensuring funds are directed to its mission.
How has the organization's revenue trended recently?
The organization's revenue has shown significant fluctuation but a positive recent trend, increasing from $34,808 in 2022 to $92,655 in 2023, indicating a strong year for fundraising or grants.
What is the organization's approach to executive compensation?
The Mississippi Health Care Foundation has a highly transparent and efficient approach to executive compensation, consistently reporting 0% officer compensation across all 13 filings. This means no salaries are paid to its officers.
Are the organization's assets growing?
Yes, the organization's assets have shown consistent growth over the past decade, increasing from $152,052 in 2014 to $206,039 in 2023, indicating financial stability and accumulation of resources.
Filing History
IRS 990 filing history for Mississippi Health Care Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mississippi Health Care Foundation's revenue has declined by 34.9%, moving from $142K to $93K. Total assets increased by 9.9% over the same period, from $187K to $206K. Total functional expenses fell by 54.9%, from $86K to $39K. In its most recent filing year (2023), Mississippi Health Care Foundation reported a surplus of $54K, with revenue exceeding expenses. The organization holds $7K in liabilities against $206K in assets (debt-to-asset ratio: 3.6%), resulting in net assets of $199K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $93K | $39K | $206K | $7K | — | View 990 |
| 2022 | $35K | $66K | $153K | $8K | — | View 990 |
| 2021 | $28K | $10K | $182K | $6K | — | — |
| 2020 | $40K | $14K | $159K | $2K | — | — |
| 2019 | $46K | $42K | $133K | $2K | — | View 990 |
| 2018 | $37K | $47K | $128K | $1K | — | View 990 |
| 2017 | $45K | $61K | $136K | $2K | — | View 990 |
| 2016 | $73K | $53K | $147K | $5 | — | View 990 |
| 2015 | $64K | $66K | $150K | $5 | — | View 990 |
| 2014 | $88K | $56K | $152K | $5 | — | View 990 |
| 2013 | $76K | $87K | $150K | $5 | — | View 990 |
| 2012 | $50K | $76K | $162K | $5 | — | View 990 |
| 2011 | $142K | $86K | $187K | $5 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $93K, expenses of $39K, and assets of $206K (revenue +166.2% year-over-year).
- 2022: Revenue of $35K, expenses of $66K, and assets of $153K (revenue +23.0% year-over-year).
- 2021: Revenue of $28K, expenses of $10K, and assets of $182K (revenue -29.6% year-over-year).
- 2020: Revenue of $40K, expenses of $14K, and assets of $159K (revenue -13.5% year-over-year).
- 2019: Revenue of $46K, expenses of $42K, and assets of $133K (revenue +26.8% year-over-year).
- 2018: Revenue of $37K, expenses of $47K, and assets of $128K (revenue -18.3% year-over-year).
- 2017: Revenue of $45K, expenses of $61K, and assets of $136K (revenue -38.4% year-over-year).
- 2016: Revenue of $73K, expenses of $53K, and assets of $147K (revenue +14.1% year-over-year).
- 2015: Revenue of $64K, expenses of $66K, and assets of $150K (revenue -27.2% year-over-year).
- 2014: Revenue of $88K, expenses of $56K, and assets of $152K (revenue +15.2% year-over-year).
- 2013: Revenue of $76K, expenses of $87K, and assets of $150K (revenue +51.9% year-over-year).
- 2012: Revenue of $50K, expenses of $76K, and assets of $162K (revenue -64.8% year-over-year).
- 2011: Revenue of $142K, expenses of $86K, and assets of $187K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mississippi Health Care Foundation:
Data Sources and Methodology
This transparency report for Mississippi Health Care Foundation 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.