I Smile Inc

Analysis

I Smile Inc is a registered charity in United States, based in Miami Springs, FL. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, I Smile Inc reported income of $67k and spending of $75k, spending 111% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income fell from $94k to $67k (-29%), an average of -29% a year. The sharpest change came in the year to July 2023, when income dropped by 29%. Over the whole period it spent 114% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, I Smile Inc sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 30th percentile within FL. Charities of a similar size with the same main cause include William Cliff Heaton Jr Foundation Inc ($67k), Armenia Hearing Aid Project ($67k) and Pittsburgh Melanoma Foundation ($67k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. At year end it held assets of $11k against liabilities of $14k, net assets of -$3,768.