Smiles for Life Foundation
Analysis
Smiles for Life Foundation is a registered charity in United States, based in Murray, UT. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Smiles for Life Foundation reported income of $1.4m and spending of $1.4m, spending 101% of its income. Across the 6 years on record, from October 2019 to December 2023, income fell from $2.0m to $1.4m (-28%), an average of -6.4% a year. The sharpest change came in the year to December 2023, when income rose by 2091%. Over the whole period it spent 102% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Smiles for Life Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within UT. Charities of a similar size with the same main cause include Sacred Harvest Foundation ($1.4m), True Transitions ($1.4m) and Littleton Public School Foundation ($1.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $125k. At year end it held assets of $979k against liabilities of $0, net assets of $979k. It reported 5 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sacred Harvest Foundation | Costa Mesa | $1.4m |
| True Transitions | Farmingtn HLS | $1.4m |
| Littleton Public School Foundation | Littleton | $1.4m |
| NTFB - Perot Family Campus | Plano | $1.4m |