Sma Inc

Analysis

Sma Inc is a registered charity in United States, based in Scranton, PA. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Sma Inc reported income of $221k and spending of $244k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $215k to $221k (+3.2%), an average of +0.8% a year. The sharpest change came in the year to December 2022, when income rose by 1106%. Over the whole period it spent 122% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sma Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Ohway Inc ($221k), VK Cricket Academy ($221k) and Force Soccer Club ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 59% of the total. At year end it held assets of $131k against liabilities of $4,200, net assets of $127k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.