Project Smile Inc

Analysis

Project Smile Inc is a registered charity in United States, based in Hopedale, MA. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Project Smile Inc reported income of $82k and spending of $80k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $82k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Smile Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 39th percentile within MA. Charities of a similar size with the same main cause include Least of These Ministries ($82k), Gloucester Kennel Club of Virginia Inc ($82k) and Trevor Smith Memorial Foundation Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $155k against liabilities of $3,909, net assets of $151k.