Smith Hill Community Development Corporation

Analysis

Smith Hill Community Development Corporation is a registered charity in United States, based in Ashaway, RI. It received its IRS tax-exemption ruling in October 1992, 34 years ago. 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 June 2024, Smith Hill Community Development Corporation reported income of $779k and spending of $538k, leaving 31% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $623k to $779k (+25%), an average of +4.6% a year. The sharpest change came in the year to June 2021, when income rose by 68%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Smith Hill Community Development Corporation sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within RI. Charities of a similar size with the same main cause include Multi-Craft Apprenticeship Preparation Program Inc ($779k), Troy Hockey Association ($779k) and Voyce ($779k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. At year end it held assets of $3.5m against liabilities of $2.3m, net assets of $1.1m. It reported 1 employees.