Smart Bellies

Analysis

Smart Bellies is a registered charity in United States, based in Breckenridge, CO. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Smart Bellies reported income of $402k and spending of $447k, spending 111% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $234k to $402k (+72%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Smart Bellies 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 67th percentile, and in the 64th percentile within CO. Charities of a similar size with the same main cause include Radford Child Development Inc ($402k), Compassionate Ministries Center of Hope ($403k) and Clarence Fraim Senior Center of Delaware Inc ($402k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $70k (16% of expenses). Other salaries and wages came to $43k. At year end it held assets of $150k against liabilities of $1,202, net assets of $149k. It reported 5 employees.