Fundacion Dr John a & Virginia Smith Inc

Analysis

Fundacion Dr John a & Virginia Smith Inc is a registered charity in United States, based in Humacao, PR. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2022, Fundacion Dr John a & Virginia Smith Inc reported income of $99k and spending of $164k, spending 166% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $37k to $99k (+165%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 172%. Over the whole period it spent 131% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fundacion Dr John a & Virginia Smith Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 25th percentile within PR. Charities of a similar size with the same main cause include Willenium Enterprise Foundation ($99k), Harrison Volunteer Fire Department ($99k) and Obioma Onyeador Foundation Inc ($99k).

At year end it held assets of $545k against liabilities of $50k, net assets of $495k.