Little Smiles & Company

Analysis

Little Smiles & Company is a registered charity in United States, based in Adair, IA. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover human services, 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, Little Smiles & Company reported income of $174k and spending of $212k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $237k to $174k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Little Smiles & Company sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within IA. Charities of a similar size with the same main cause include STL Veterans Home Assistance League ($174k), Inga Foundation ($174k) and Michigan Armed Forces Hospitality Center Inc ($174k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.3% and program service revenue 88% of the total. At year end it held assets of $51k against liabilities of $3,297, net assets of $48k.