Families of Sma

Analysis

Families of Sma is a registered charity in United States, based in Elk Grove VLG, IL. It received its IRS tax-exemption ruling in February 1985, 41 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Families of Sma reported income of $14.8m and spending of $15.6m, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $12.1m to $14.8m (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Families of Sma sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Aaron E Henry Community Health ($14.8m), Southlight Healthcare ($14.8m) and Overlook Foundation ($14.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 51% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $1.1m (7.3% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $10.7m against liabilities of $4.6m, net assets of $6.1m. It reported 56 employees.