Dr Groves B Smith Guardianship Corporation

Analysis

Dr Groves B Smith Guardianship Corporation is a registered charity in United States, based in Gillespie, IL. It received its IRS tax-exemption ruling in November 1982, 44 years ago. 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 June 2024, Dr Groves B Smith Guardianship Corporation reported income of $219k and spending of $107k, leaving 51% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income fell from $265k to $219k (-17%), an average of -6.2% a year. The sharpest change came in the year to June 2024, when income rose by 52%. Over the whole period it spent 45% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dr Groves B Smith Guardianship Corporation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include Pentucket Regional Scholarship Foundation ($219k), Visitor & International Student Association Inc ($219k) and USA Swimming Inc ($219k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $69k (64% of expenses). At year end it held assets of $807k against liabilities of $2,241, net assets of $805k. It reported 1 employees.