Smile Train Inc

Analysis

Smile Train Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1993, 33 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 2023, Smile Train Inc reported income of $99.4m and spending of $116.0m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $96.7m to $99.4m (+2.8%), an average of +0.7% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Smile Train Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include U B Foundation Activities Inc ($98.9m), The Actors Fund of America ($99.4m) and Saint Thomas Regional Hospitals ($98.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $1.5m (1.3% of expenses). Other salaries and wages came to $9.5m. It paid $90k in professional fundraising fees. At year end it held assets of $374.6m against liabilities of $10.8m, net assets of $363.8m. It reported 121 employees.