Smilin Rylen Foundation

Analysis

Smilin Rylen Foundation is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Smilin Rylen Foundation reported income of $75k and spending of $92k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $75k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Smilin Rylen Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Public Education Partners ($75k), Derek Teele Foundation Inc ($75k) and Suneel Research Foundation ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,377 against liabilities of $8,061, net assets of -$6,684.