Margaret Smith Weeks & Marie Stuart Smith Memorial Charitable Trust

Analysis

Margaret Smith Weeks & Marie Stuart Smith Memorial Charitable Trust is a registered charity in United States, based in Ardmore, OK. It received its IRS tax-exemption ruling in December 1989, 37 years ago. 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, Margaret Smith Weeks & Marie Stuart Smith Memorial Charitable Trust reported income of $1.6m and spending of $1.5m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2022, when income rose by 122%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Margaret Smith Weeks & Marie Stuart Smith Memorial Charitable Trust sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within OK. Charities of a similar size with the same main cause include Bridges Community Academy ($1.6m), Habitat for Humanity International Inc ($1.6m) and Outfront Minnesota Community Services ($1.6m).

Compensation of current officers, directors and key employees was $185k (13% of expenses). At year end it held assets of $5.8m against liabilities of $0, net assets of $5.8m.