Smsna Foundation

Analysis

Smsna Foundation is a registered charity in United States, based in Burnsville, MN. It received its IRS tax-exemption ruling in August 2017, 9 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, Smsna Foundation reported income of $369k and spending of $278k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $129k to $369k (+185%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 135%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Smsna Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Team Hill Foundation Inc ($369k), Bangor Masonic Foundation ($369k) and Crossstate Credit Union Foundation ($369k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. At year end it held assets of $640k against liabilities of $39k, net assets of $601k.