Thousand Smiles Foundation

Analysis

Thousand Smiles Foundation is a registered charity in United States, based in Bonita, CA. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Thousand Smiles Foundation reported income of $288k and spending of $144k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $213k to $288k (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2023, when income rose by 137%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Thousand Smiles Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Abandoned Little Angels-Nhom Thuong ($288k), Denan Project Inc ($288k) and Jerusalem Friendship Alliance Inc ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.0m against liabilities of $126k, net assets of $875k.