United Sound Inc

Analysis

United Sound Inc is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, United Sound Inc reported income of $419k and spending of $380k, spending 91% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $335k to $419k (+25%), an average of +5.8% a year. The sharpest change came in the year to July 2024, when income rose by 19%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, United Sound Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within AZ. Charities of a similar size with the same main cause include Wheeler High School Athletic Assco ($419k), The Ark Institute Inc ($419k) and Education Institute of Tampa Family ($419k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 64% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $91k (24% of expenses). Other salaries and wages came to $159k. At year end it held assets of $456k against liabilities of $4,552, net assets of $451k. It reported 4 employees.