Smiles of Hope Inc

Analysis

Smiles of Hope Inc is a registered charity in United States, based in Sidney, OH. It received its IRS tax-exemption ruling in May 2012, 14 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 (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, Smiles of Hope Inc reported income of $105k and spending of $97k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $105k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Smiles of Hope Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within OH. Charities of a similar size with the same main cause include Bridges of Hope Inc ($105k), One27 Haven Inc ($105k) and One World Institute of Sir Dr Thomas Stern and Yolanda Ortega St ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 39% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.