Susan Smith Blackburn Prize Inc

Analysis

Susan Smith Blackburn Prize Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 1978, 48 years ago. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Susan Smith Blackburn Prize Inc reported income of $55k and spending of $182k, spending 332% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $102k to $55k (-46%), an average of -46% a year. The sharpest change came in the year to December 2020, when income dropped by 46%. Over the whole period it spent 226% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Susan Smith Blackburn Prize Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include National Association for Lay Ministry ($55k), Habitat for Humanity International Inc ($55k) and Virginia Congress of Parents and Teachers ($55k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 38% of the total. At year end it held assets of $4.1m against liabilities of $4,488, net assets of $4.1m.