SMH Support Corp

Analysis

SMH Support Corp is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, SMH Support Corp reported income of $104k and spending of $18k, leaving 82% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $187 to $104k (+55517%), an average of +386% a year. The sharpest change came in the year to June 2022, when income rose by 172146%. Over the whole period it spent 38% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, SMH Support Corp sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Stone Owl Academy Inc ($104k), Sweet Adelines International ($104k) and National Professional Sciencemasters Association ($104k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $9.5m against liabilities of $9.3m, net assets of $131k.