Sarah Smith Education Foundation Inc

Analysis

Sarah Smith Education Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Sarah Smith Education Foundation Inc reported income of $179k and spending of $104k, leaving 42% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $318k to $179k (-44%), an average of -13% a year. The sharpest change came in the year to June 2021, when income dropped by 41%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sarah Smith Education Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within GA. Charities of a similar size with the same main cause include Duryea-Navesink Library Association Inc ($179k), Blacks United in Leading Technology International ($179k) and JCCC Foundation ($179k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 116% of the total. At year end it held assets of $582k against liabilities of $0, net assets of $582k.