SMVS Charities

Analysis

SMVS Charities is a registered charity in United States, based in Cherry Hill, NJ. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2023, SMVS Charities reported income of $496k and spending of $97k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $196k to $496k (+153%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 392%. Over the whole period it spent 34% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, SMVS Charities sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Ici Ministries Inc ($495k), Oyebog Tennis Academy Inc ($496k) and American Friends of Thorat Chajm Inc ($495k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $711k against liabilities of $2,500, net assets of $708k.