Miles of Smiles Foundation Inc

Analysis

Miles of Smiles Foundation Inc is a registered charity in United States, based in N Ft Myers, FL. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Miles of Smiles Foundation Inc reported income of $62k and spending of $71k, spending 114% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $112k to $62k (-45%), an average of -45% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Miles of Smiles Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Tiffany Blackwell Ministries Inc ($62k), Christ Cathedral Ministries ($62k) and Mahabodhi International Buddhist Center ($62k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 93% and program service revenue 6.4% of the total. At year end it held assets of $200k against liabilities of $95k, net assets of $105k.