Smart and Final Charitable Foundation

Analysis

Smart and Final Charitable Foundation is a registered charity in United States, based in Commerce, CA. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Smart and Final Charitable Foundation reported income of $1.7m and spending of $1.3m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.7m (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 90% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Smart and Final Charitable Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include National Ski Patrol System Inc ($1.7m), Saranac Lake Volunteer Rescue Squad Inc ($1.7m) and Greentown Volunteer Fire Department Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $102k. At year end it held assets of $2.3m against liabilities of $39k, net assets of $2.3m.