Smith-Keys Village Inc

Analysis

Smith-Keys Village Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in September 1980, 46 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Smith-Keys Village Inc reported income of $584k and spending of $641k, spending 110% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income fell from $884k to $584k (-34%), an average of -13% a year. The sharpest change came in the year to June 2022, when income dropped by 22%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Smith-Keys Village Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within TN. Charities of a similar size with the same main cause include Lewis County Food Bank Coalition ($584k), Bellingham Symphony Orchestra ($584k) and John Cage TR ($584k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 60% and program service revenue 40% of the total. Other salaries and wages came to $116k. At year end it held assets of $1.0m against liabilities of $360k, net assets of $686k. It reported 6 employees.