Margies Smile Inc

Analysis

Margies Smile Inc is a registered charity in United States, based in Franklin, WI. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Margies Smile Inc reported income of $567k and spending of $596k, spending 105% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.3m to $567k (-55%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 69%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Margies Smile Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within WI. Charities of a similar size with the same main cause include National Church Residences of Central Pennsylvania ($567k), Caroline House Inc ($567k) and Volunteers of America Inc ($567k).

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 $28k against liabilities of $0, net assets of $28k.