Smile Housing Corporation

Analysis

Smile Housing Corporation is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Smile Housing Corporation reported income of $93k and spending of $68k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $97k to $93k (-4.2%), an average of -1.1% a year. Over the whole period it spent 73% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Smile Housing Corporation 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 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Choctaw Hugo Properties Inc ($93k), LSS Housing Home Sweet Home Inc ($93k) and Stony Brook Housing Inc ($93k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 94% of the total. At year end it held assets of $787k against liabilities of $400k, net assets of $387k.