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Speak Foundation Inc

RegisteredEIN 26-2087516Columbus, GAPoverty relief
Income$588k2023-12
Spending$475ksame year
Spent / received72%5-year average
Size in its cause67th pctPoverty relief
Exempt since2009Publicly supported organisat
Employees1latest return

Analysis

Speak Foundation Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in March 2009, 17 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 December 2023, Speak Foundation Inc reported income of $588k and spending of $475k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $243k to $588k (+142%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 180%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Speak Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include Womens Resource Center of Greensboro Inc ($588k), Parents of Autistic Children of Ocean County Inc ($588k) and Option Inc ($588k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $17k (3.7% of expenses). At year end it held assets of $571k against liabilities of $0, net assets of $571k. It reported 1 employees.

Income and spending

$0$147k$294k$441k$588k2019 Income: $242,9242019 Spending: $167,84220192020 Income: $229,6412020 Spending: $137,67920202021 Income: $499,3212021 Spending: $209,16620212022 Income: $209,8742022 Spending: $276,90420222023 Income: $588,1952023 Spending: $474,5782023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Womens Resource Center of Greensboro IncGreensboro$588k
Parents of Autistic Children of Ocean County IncBrick$588k
Option IncHobbs$588k
Gifts for the HomelessWashington$588k