Smha Healthcare Inc

Analysis

Smha Healthcare Inc is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Smha Healthcare Inc reported income of $917k and spending of $1.3m, spending 147% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $342.8m to $917k (-100%), an average of -69% a year. The sharpest change came in the year to December 2023, when income rose by 4344%. Over the whole period it spent 8.6% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Smha Healthcare Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include The Link Inc ($917k), Recoverypeople ($917k) and Greene Emergency Squad Inc ($916k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 49% of the total. At year end it held assets of $12.6m against liabilities of $2.1m, net assets of $10.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.