Charitysmith Nonprofit Foundation

Analysis

Charitysmith Nonprofit Foundation is a registered charity in United States, based in Truckee, CA. It received its IRS tax-exemption ruling in November 2008, 18 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, Charitysmith Nonprofit Foundation reported income of $1.9m and spending of $1.6m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $1.9m (+4.4%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Charitysmith Nonprofit Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include International Dark Sky Discovery Center Inc ($1.9m), Endometriosis Foundation of Americainc ($1.9m) and Trinity Horizons Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Other salaries and wages came to $171k. At year end it held assets of $5.5m against liabilities of $6,032, net assets of $5.5m. It reported 4 employees.