SMS Research Foundation

Analysis

SMS Research Foundation is a registered charity in United States, based in Georgetown, CT. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, SMS Research Foundation reported income of $281k and spending of $239k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $472k to $281k (-40%), an average of -12% a year. The sharpest change came in the year to December 2021, when income dropped by 36%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, SMS Research Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within CT. Charities of a similar size with the same main cause include American Friends of Chomat Shlomo ($281k), Community Kindness Inc ($281k) and Silverton Foundation ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $100k. At year end it held assets of $414k against liabilities of $8,475, net assets of $406k. It reported 1 employees.