Medical Foundation of Central Mississippi Inc
1225 North State Street, Jackson, MS · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $81,855,468 | $108,464,535 | -$106,887,438 |
| FY2024 | $76,038,925 | $99,231,962 | -$80,278,371 |
| FY2023 | $72,016,719 | $90,379,391 | -$57,085,334 |
| FY2022 | $67,531,988 | $80,864,855 | -$38,722,662 |
| FY2021 | $68,122,317 | $74,761,540 | -$25,389,795 |
| FY2020 | $56,418,096 | $65,986,420 | -$18,750,572 |
| FY2019 | $53,643,856 | $61,299,432 | -$9,182,248 |
| FY2018 | $53,263,567 | $57,245,444 | -$1,526,672 |
| FY2017 | $4,280,142 | $4,696,878 | $2,455,205 |
| FY2016 | $48,217,083 | $64,888,717 | $284,832 |
| FY2015 | $29,479,001 | $41,030,480 | $1,100,403 |
| FY2014 | $27,620,119 | $43,239,403 | $1,852,772 |
| FY2013 | $27,142,487 | $42,455,049 | $1,741,240 |
| FY2012 | $26,799,737 | $39,022,501 | $1,487,538 |
Form 990 filings
The returns filed by Medical Foundation of Central Mississippi Inc (EIN 75-3068151), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $81,807,988 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $87,349,448 | 81% |
| Management & general | $21,115,087 | 19% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2025.
- Program services accounted for 81% of functional expenses, management & general 19%, and fundraising 0%.
- 81% of functional expenses went to program services in FY2025. That is higher than 34.9% of 43 Health Care organizations in MS.
- Net assets covered about -11.8 months of expenses at the end of the reporting year. That puts it in the 4th percentile among 160 Health Care organizations in MS.
- Total revenue was higher than 94.5% of 163 Health Care organizations in MS.
- Total revenue rose from $26,799,737 in FY2012 to $81,855,468 in FY2025. Revenue increased in 11 and decreased in 2 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 14 of 14 reported years (FY2012, FY2013, FY2014, FY2015, FY2016, FY2017, FY2018, FY2019, FY2020, FY2021, FY2022, FY2023, FY2024, FY2025).
- Net assets declined from $1,487,538 to -$106,887,438 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
MEDICAL FOUNDATION OF CENTRAL MISSISSIPPI, INC.'S PURPOSE IS TO PROMOTE HEALTH THROUGH THE OPERATION OF 30 MEDICAL CLINICS AND 5 PHYSICAL THERAPY CLINICS LOCATED THROUGHOUT THE JACKSON, MISSISSIPPI METROPOLITAN AREA.
IRS status
| Ruling year | 2004 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E20 — Health Care (in MS) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- North Mississippi Primary Health Care Inc — Ashland, MS · $80,396,776
- Mississippi Methodist Hospital Rehabilitation Center Inc — Jackson, MS · $88,285,404
- Clay County Medical Corporation — Tupelo, MS · $70,931,386
- Mississippi State University Educational Building Corporation — Ms State, MS · $94,913,378
- North Mississippi Health Services Inc — Tupelo, MS · $57,680,983
- North Mississippi Medical Clinics — Tupelo, MS · $55,139,202
- Independent Healthcare Management Inc — Magee, MS · $49,873,709
- Kings Daughters Medical Center — Brookhaven, MS · $121,810,503
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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