Soundstart

Analysis

Soundstart is a registered charity in United States, based in Conway, AR. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Soundstart reported income of $100k and spending of $102k, spending 102% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $92k to $100k (+8.9%), an average of +8.9% a year. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Soundstart sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within AR. Charities of a similar size with the same main cause include Young Fashion ($100k), Aawli ($100k) and Worlwide Orphans in Need Inc ($100k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 79% of the total. At year end it held assets of $140k against liabilities of $662, net assets of $139k.