The Sing Me a Story Foundation

Analysis

The Sing Me a Story Foundation is a registered charity in United States, based in Woodbury, MN. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, The Sing Me a Story Foundation reported income of $246k and spending of $194k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $270k to $246k (-8.9%), an average of -4.6% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 85% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Sing Me a Story Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within MN. Charities of a similar size with the same main cause include Lee County Youth Center ($246k), Oklahoma Association of Student Councils ($246k) and Coaches 4 Character Inc ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $65k (34% of expenses). Other salaries and wages came to $53k. At year end it held assets of $149k against liabilities of -$980, net assets of $149k. It reported 4 employees.