Thomas W Smith Foundation is a 501(c)(3) organization based in Boca Raton, Florida, registered in 2015, with $397,945 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$398K
▼ 97.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$9.9M
Net assets
$16.3M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Thomas W Smith Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Thomas W Smith Foundation: 20 mo reserves · -2387% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Thomas W Smith Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Thomas W Smith Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $0 (FY2015) to $398K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-2386.6%
Spent more than it raised in the latest fiscal year.
Total assets
$16.3M
Total liabilities
$0
Net assets
$16.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $397,945▼97.8% | $9,895,149▲5.4% | $16,316,555▼42.3% | $16,316,555▼42.3% | 990PF |
| 2023 | $18,355,087▲107% | $9,383,740▼9.9% | $28,282,354▲85.5% | $28,282,354▲85.5% | 990PF |
| 2022 | $8,881,234▼62.8% | $10,415,355▼33.2% | $15,245,274▼56.9% | $15,245,274▼56.9% | 990PF |
| 2021 | $23,899,669▲83.4% | $15,591,798▲6.7% | $35,370,958▲8.3% | $35,370,958▲8.3% | 990PF |
| 2020 | $13,034,513▲6221% | $14,609,765▲5.1% | $32,658,745▲92.1% | $32,658,745▲92.1% | 990PF |
| 2017 | $206,205▼99.1% | $13,895,039▲22.9% | $16,999,432▼35.2% | $16,999,432▼35.2% | 990PF |
| 2016 | $21,876,624 | $11,302,934 | $26,240,247▲2109245% | $26,250,247▲2110048% | 990PF |
| 2015 | $0 | $0 | $1,244 | $1,244 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Thomas W Smith Foundation (EIN 47-3862135) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.