Smith Mountain Lake Charity Home Tour Inc

Analysis

Smith Mountain Lake Charity Home Tour Inc is a registered charity in United States, based in Moneta, VA. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Smith Mountain Lake Charity Home Tour Inc reported income of $196k and spending of $195k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $131k to $196k (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 322%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Smith Mountain Lake Charity Home Tour Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within VA. Charities of a similar size with the same main cause include At-Choo Foundation ($196k), Iqor Qares Corp ($196k) and Century Music Boosters Inc ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.