Emerging Sound

Analysis

Emerging Sound is a registered charity in United States, based in Laporte, IN. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Emerging Sound reported income of $72k and spending of $44k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $112k to $72k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Emerging Sound sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within IN. Charities of a similar size with the same main cause include Blazing Wisdom Institute ($72k), Iglesia de Dios Manantial de Vida Eterna Inc ($72k) and Steve Roll Restoration Ministries Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.