The Smile Trust Inc

Analysis

The Smile Trust Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in July 2015, 11 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 December 2022, The Smile Trust Inc reported income of $1.3m and spending of $1.1m, leaving 22% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $636k to $1.3m (+111%), an average of +111% a year. The sharpest change came in the year to December 2022, when income rose by 111%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Smile Trust Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Kash Foundation Inc ($1.3m), His Story Coaching and Counseling ($1.3m) and Little Scholars of Detroit ($1.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $220k (21% of expenses). At year end it held assets of $523k against liabilities of $0, net assets of $523k. It reported 5 employees.