Henry J Smith Charitable Trust

Analysis

Henry J Smith Charitable Trust is a registered charity in United States, based in Rantoul, IL. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Henry J Smith Charitable Trust reported income of $80k and spending of $208k, spending 261% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $294k to $80k (-73%), an average of -28% a year. The sharpest change came in the year to December 2022, when income dropped by 62%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Henry J Smith Charitable Trust sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within IL. Charities of a similar size with the same main cause include Project Restore US ($80k), Shepherds Pantry Inc ($80k) and Christian Food Cupboard of Hudson Inc ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.