SMB Probation Center Inc

Analysis

SMB Probation Center Inc is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in January 1989, 37 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 September 2023, SMB Probation Center Inc reported income of $3.0m and spending of $3.2m, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $3.7m to $3.0m (-18%), an average of -5.0% a year. The sharpest change came in the year to September 2020, when income dropped by 27%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, SMB Probation Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Habitat for Humanity of McLean County Inc ($3.0m), The Access Fund ($3.0m) and Good Community Church of Torrance ($3.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $133k (4.1% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $4.9m against liabilities of $143k, net assets of $4.8m. It reported 69 employees.