Sound Waters Inc

Analysis

Sound Waters Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in November 1989, 37 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 June 2024, Sound Waters Inc reported income of $3.5m and spending of $3.8m, spending 109% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $3.5m to $3.5m (-1.0%), an average of -0.2% a year. The sharpest change came in the year to June 2021, when income rose by 132%. Over the whole period it spent 53% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Sound Waters Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within CT. Charities of a similar size with the same main cause include Taking Care of Texas ($3.5m), Holden Arboretum Trust ($3.5m) and Berkshire Natural Resources ($3.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $358k (9.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $18.3m against liabilities of $1.1m, net assets of $17.2m. It reported 89 employees.