David W Smith Fund

Analysis

David W Smith Fund is a registered charity in United States, based in Coronado, CA. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, David W Smith Fund reported income of $130k and spending of $5,621, leaving 96% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $102k to $130k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2023, when income rose by 220%. Over the whole period it spent 20% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, David W Smith Fund sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Champlain Valley Christian School Circle Inc ($130k), Cass Tech High School Alumni Asso ($130k) and East Mecklenburg High School Athletic Booster Club ($130k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 28% of the total. At year end it held assets of $894k against liabilities of $0, net assets of $894k.