SMFB Foundation

Analysis

SMFB Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, SMFB Foundation reported income of $1.2m and spending of $4.1m, spending 338% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $837k to $1.2m (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2020, when income rose by 1725%. Over the whole period it spent 10% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, SMFB Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within AZ. Charities of a similar size with the same main cause include Raising Hope Inc ($1.2m), Uf Historic St Augustine Inc ($1.2m) and The Spiral School Inc ($1.2m).

At year end it held assets of $69.0m against liabilities of $0, net assets of $69.0m.