Smartaid Inc

Analysis

Smartaid Inc is a registered charity in United States, based in San Marcos, TX. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Smartaid Inc reported income of $203k and spending of $88k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $323k to $203k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 82% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Smartaid Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Natural Bridge Volunteer Fire Department ($203k), The Waverly Volunteer Fire Company Inc ($203k) and Blain Fire Company Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $157k against liabilities of $0, net assets of $157k.