Smith Farm Ltd

Analysis

Smith Farm Ltd is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Smith Farm Ltd reported income of $1.8m and spending of $1.9m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $1.8m (+18%), an average of +4.2% a year. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Smith Farm Ltd sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 65th percentile within DC. Charities of a similar size with the same main cause include Three Rivers Mental Health and Chemical Dependency Center ($1.8m), Barrier Islands Free Medical Clinic Inc ($1.8m) and Snow Hill Volunteer Fire Company Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $250k (13% of expenses). Other salaries and wages came to $539k. At year end it held assets of $3.2m against liabilities of $417k, net assets of $2.8m. It reported 15 employees.