Speak Life Academy of Arts and Music Inc

Analysis

Speak Life Academy of Arts and Music Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 2023, 3 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 October 2020, Speak Life Academy of Arts and Music Inc reported income of $51k and spending of $51k, spending 99% of its income. The sharpest change came in the year to October 2019, when income dropped by 100%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Speak Life Academy of Arts and Music Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within TX. Charities of a similar size with the same main cause include McKinley Elementary Parent Teacher Organization ($51k), District of Columbia Head Start Association ($51k) and Friends of the Copper Queen Library ($51k).

On its Form 990-EZ for the period ending October 2020, revenue came from contributions and grants 100% of the total. At year end it held assets of $377 against liabilities of $0, net assets of $377.