Smyth County Charitable Fund

Analysis

Smyth County Charitable Fund is a registered charity in United States, based in Marion, VA. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Smyth County Charitable Fund reported income of $3.2m and spending of $2.6m, leaving 21% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.8m to $3.2m (+81%), an average of +16% a year. The sharpest change came in the year to September 2022, when income rose by 1004%. Over the whole period it spent 21% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Smyth County Charitable Fund sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include Penfield Volunteer Emergency Ambulance Service Inc ($3.2m), Barton Center for Diabetes Education Inc ($3.2m) and Life International Inc ($3.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $92k (3.6% of expenses). Other salaries and wages came to $714k. At year end it held assets of $49.6m against liabilities of $83k, net assets of $49.6m. It reported 72 employees.