Sound of Rain

Analysis

Sound of Rain is a registered charity in United States, based in Brookings, OR. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Sound of Rain reported income of $169k and spending of $45k, leaving 73% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $39k to $169k (+335%), an average of +335% a year. The sharpest change came in the year to December 2023, when income rose by 335%. Over the whole period it spent 40% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sound of Rain sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within OR. Charities of a similar size with the same main cause include Quan Am Buddhist Meditation ($169k), Sonshine Christian Institute ($169k) and Gujarati Samaj of Montgomery ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. At year end it held assets of $132k against liabilities of $0, net assets of $132k.