Smiling Souls Inc

Analysis

Smiling Souls Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Smiling Souls Inc reported income of $1.3m and spending of $1.1m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $378k to $1.3m (+235%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Smiling Souls Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Project Help Inc ($1.3m), Leadingage New Jersey Inc ($1.3m) and Malama Pono Health Services ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $44k. At year end it held assets of $328k against liabilities of $28k, net assets of $300k. It reported 2 employees.