Smith Students Aid Society Inc

Analysis

Smith Students Aid Society Inc is a registered charity in United States, based in Northampton, MA. It received its IRS tax-exemption ruling in January 1935, 91 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Smith Students Aid Society Inc reported income of $729k and spending of $341k, leaving 53% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $323k to $729k (+125%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 96%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Smith Students Aid Society Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Kids Corner Inc ($729k), Prairie Woods Environmental Learning Center ($729k) and Chicago Jazz Philharmonic ($729k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% of the total. At year end it held assets of $6.5m against liabilities of $1,575, net assets of $6.5m.