SMTS Inc
Analysis
SMTS Inc is a registered charity in United States, based in Fredericktown, MO. It received its IRS tax-exemption ruling in December 1974, 52 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2023, SMTS Inc reported income of $11.2m and spending of $7.9m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.5m to $11.2m (+33%), an average of +7.3% a year. The sharpest change came in the year to June 2023, when income rose by 43%. Over the whole period it spent 92% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, SMTS Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MO. Charities of a similar size with the same main cause include Griffiss Utility Services Corporation ($11.2m), Range Mental Health Center ($11.2m) and Tolstoy Foundation Nursing Home Company Inc ($11.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $167k (2.1% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $12.7m against liabilities of $1.6m, net assets of $11.0m. It reported 225 employees.
Income and spending
Where the income comes from
- Contributions & grants 66%
- Program services 33%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Griffiss Utility Services Corporation | Rome | $11.2m |
| Range Mental Health Center | Virginia | $11.2m |
| Tolstoy Foundation Nursing Home Company Inc | Vly Cottage | $11.2m |
| Opportunity Resources Inc | Missoula | $11.2m |