Color a Smile Inc

Analysis

Color a Smile Inc is a registered charity in United States, based in Morristown, NJ. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Color a Smile Inc reported income of $72k and spending of $48k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $72k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Color a Smile Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 36th percentile within NJ. Charities of a similar size with the same main cause include Vermont Diary Producers Association Inc ($72k), Westinghouse Sure Service Uniting Retired Employees ($72k) and To Give a Smile ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.