SMC Group Home II Inc

Analysis

SMC Group Home II Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in July 1984, 42 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, SMC Group Home II Inc reported income of $56k and spending of $36k, leaving 35% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $55k to $56k (+2.4%), an average of +2.4% a year. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, SMC Group Home II Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within NC. Charities of a similar size with the same main cause include PTA Florida Congress ($56k), LA Leche League International Inc ($56k) and Team John Foundation Inc ($56k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $125k against liabilities of $84k, net assets of $42k.