Smile Payee Services Inc

Analysis

Smile Payee Services Inc is a registered charity in United States, based in Euclid, OH. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Smile Payee Services Inc reported income of $18.4m and spending of $18.7m, spending 102% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $10.3m to $18.4m (+78%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Smile Payee Services Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Helping Hand Center ($18.3m), Chaddock ($18.4m) and Fii - National ($18.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $265k (1.4% of expenses). At year end it held assets of $5.0m against liabilities of $2.6m, net assets of $2.3m. It reported 2 employees.