Smiles Charity Inc

Analysis

Smiles Charity Inc is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Smiles Charity Inc reported income of $483k and spending of $451k, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $154k to $483k (+213%), an average of +33% a year. The sharpest change came in the year to June 2021, when income rose by 210%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Smiles Charity Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Ediths House Inc ($483k), Sun Beam Community Development Corp ($483k) and House of Eli Inc ($482k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $679k against liabilities of $0, net assets of $679k.