Sound Interpretation Project

Analysis

Sound Interpretation Project is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Sound Interpretation Project reported income of $114k and spending of $59k, leaving 48% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $277k to $114k (-59%), an average of -36% a year. The sharpest change came in the year to December 2022, when income dropped by 49%. Over the whole period it spent 60% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sound Interpretation Project sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within OR. Charities of a similar size with the same main cause include Reach World Mission Inc ($114k), Changing Hearts and Destiny ($114k) and GSG Missions Inc ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $55k (93% of expenses). At year end it held assets of $543k against liabilities of $0, net assets of $543k.