SMC Reginas Center

Analysis

SMC Reginas Center is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, SMC Reginas Center reported income of $887k and spending of $766k, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $510k to $887k (+74%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 62%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, SMC Reginas Center sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within KY. Charities of a similar size with the same main cause include Sheridan Youth Assistance Inc ($887k), North-South Institute ($887k) and Daybreak Adult Care Centers ($887k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 67% of the total. Other salaries and wages came to $416k. At year end it held assets of $2.0m against liabilities of $9,318, net assets of $2.0m. It reported 24 employees.