Francis T Smith Endowment TR

Analysis

Francis T Smith Endowment TR is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 October 2023, Francis T Smith Endowment TR reported income of $2.0m and spending of $261k, leaving 87% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $58k to $2.0m (+3334%), an average of +142% a year. The sharpest change came in the year to October 2023, when income rose by 604%. Over the whole period it spent 52% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Francis T Smith Endowment TR sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Texas Cultural Trust Council ($2.0m), Doc Society Inc ($2.0m) and United Way of Reno County ($2.0m).

Compensation of current officers, directors and key employees was $19k (7.3% of expenses). At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.