Hope Smiles

Analysis

Hope Smiles is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in May 2008, 18 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, Hope Smiles reported income of $818k and spending of $1.9m, spending 229% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $592k to $818k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 167%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Smiles sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within TN. Charities of a similar size with the same main cause include Judge Ben Gordon Jr Family Visitation Center ($818k), Metropolitan Oasis Community Development Center ($818k) and Paragon Service Dogs ($818k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. Compensation of current officers, directors and key employees was $132k (7.1% of expenses). Other salaries and wages came to $249k. At year end it held assets of $3.4m against liabilities of $163k, net assets of $3.2m. It reported 19 employees.