S M E D Incorporated

Analysis

S M E D Incorporated is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 2018, 8 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 2022, S M E D Incorporated reported income of $629k and spending of $620k, spending 99% of its income. Across the 3 years on record, from December 2020 to December 2022, income fell from $649k to $629k (-3.1%), an average of -1.6% a year. The sharpest change came in the year to December 2022, when income rose by 110%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, S M E D Incorporated sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within GA. Charities of a similar size with the same main cause include Exceptional Futures Corporation ($629k), George K Bowling Community Park Inc ($629k) and Creating Opportunities ($629k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $97k (16% of expenses). Other salaries and wages came to $251k. At year end it held assets of $461k against liabilities of $443k, net assets of $19k. It reported 1 employees.