Icing Smiles

Analysis

Icing Smiles is a registered charity in United States, based in Laurel, MD. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 September 2023, Icing Smiles reported income of $818k and spending of $817k, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $980k to $818k (-17%), an average of -4.4% a year. The sharpest change came in the year to September 2020, when income dropped by 22%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Icing Smiles sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MD. Charities of a similar size with the same main cause include Greater Miami Boys Clubs Foundation Inc ($817k), Computers4kids ($818k) and Philadelphia Youth Organization ($817k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $9,000 (1.1% of expenses). Other salaries and wages came to $33k. At year end it held assets of $271k against liabilities of $40k, net assets of $232k. It reported 2 employees.