Smile for Budgie Inc

Analysis

Smile for Budgie Inc is a registered charity in United States, based in Indialantic, FL. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Smile for Budgie Inc reported income of $82k and spending of $84k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $138k to $82k (-41%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Smile for Budgie Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include Friends of the St Clair County Senior Center ($82k), Outer Circle Foundation Inc ($82k) and Kansas Hunters Feeding the Hungry Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $168k against liabilities of $0, net assets of $168k.