Smile for a Lifetime Inc

Analysis

Smile for a Lifetime Inc is a registered charity in United States, based in Colorado Springs, CO. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2022, Smile for a Lifetime Inc reported income of $132k and spending of $223k, spending 168% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $155k to $132k (-15%), an average of -5.2% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 136% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Smile for a Lifetime Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within CO. Charities of a similar size with the same main cause include Lakeview Elementary PTO ($132k), Alliance of Community Health Plans Foundation Inc ($132k) and The Triangle Club Inc ($132k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $72k (32% of expenses). Other salaries and wages came to $14k. At year end it held assets of $189k against liabilities of $3,017, net assets of $186k. It reported 5 employees.

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.