SMH Foundation

Analysis

SMH Foundation is a registered charity in United States, based in Slidell, LA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, SMH Foundation reported income of $422k and spending of $310k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $402k to $422k (+4.9%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income dropped by 32%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, SMH Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within LA. Charities of a similar size with the same main cause include American Society of Neurorehabilitation ($422k), Touching Tiny Lives Foundation ($422k) and Raphael Community Free Clinic Endowment Fund Inc ($422k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $85k (27% of expenses). Other salaries and wages came to $39k. At year end it held assets of $822k against liabilities of $51k, net assets of $771k. It reported 2 employees.