Smart From the Start Inc

Analysis

Smart From the Start Inc is a registered charity in United States, based in Mattapan, MA. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Smart From the Start Inc reported income of $3.1m and spending of $3.0m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $3.1m (+62%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Smart From the Start Inc 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 89th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include Win Family Services Inc ($3.1m), McDowell County Commission on Aging Inc ($3.1m) and Gemach of Jackson Inc ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $226k (7.4% of expenses). Other salaries and wages came to $1.5m. It paid $1,050 in professional fundraising fees. At year end it held assets of $592k against liabilities of $512k, net assets of $81k. It reported 51 employees.