Simply Smiles Inc

Analysis

Simply Smiles Inc is a registered charity in United States, based in Westport, CT. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Simply Smiles Inc reported income of $751k and spending of $856k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $751k (-45%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Simply Smiles Inc 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 76th percentile, and in the 74th percentile within CT. Charities of a similar size with the same main cause include Family Care Center of Catawba Valley Inc ($751k), Loving Arms Early Learning Center ($751k) and Sam Day Foundation ($751k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $136k (16% of expenses). Other salaries and wages came to $153k. At year end it held assets of $3.5m against liabilities of $2.0m, net assets of $1.5m. It reported 8 employees.